The first lady launched her Melania Meme (MELANIA) on Sunday a day after Donald Trump launched his own memecoin. Less than 12 hours after launching, MELANIA was up 31.5% and at one point hit more than $13. By Wednesday afternoon its value had dropped to $3.63.

Two days after Donald Trump launched a memecoin that soared to $6.5 billion overnight, Melania Trump announced her own memecoin, adding to concerns the pro-crypto president is crossing ethical boundaries in an industry his administration will regulate.

After the initial crash following the launch of the Melania memecoin, $TRUMP surged back above $64. Robinhood officially listed Donald Trump's memecoi

Within hours, TRUMP skyrocketed in value, climbing from pennies to over $50, with a market cap over $10 billion. The coin now ranks among the world’s top 20 digital assets, attracting both investors and critics. Trump’s business arm holds 80% of the tokens, set to release gradually during his presidency.

Melania Trump's memecoin launched after Donald Trump's official TRUMP token reached a $15 billion market cap before falling nearly 30%.

Before being sworn into office, Donald Trump kept the crypto world in suspense with the soaring price of his Memecoin. Then Melania also launched her coin.

President Trump is facing backlash after he and first lady Melania Trump launched two cryptocurrency tokens just days before his inauguration. While the move sparked predictable criticism from political opponents,