Washington, Jan 20 (UNI) Incoming first lady Melania Trump has launched a cryptocurrency on the eve of her husband’s inauguration as US president, media reports said.
The announcement comes a day after President-elect Donald Trump launched the $Trump cryptocurrency. Both coins have risen but have seen volatile trade, the BBC reported on Monday.
“The Official Melania Meme is live! You can buy $MELANIA now,” she posted on the social platform X on Sunday.
The website for the “Official Melania Meme” says it is a crypto asset created and tracked on the Solana blockchain, the report said.
Disclaimers on the websites of both the $Trump and $Melania coins said they were “not intended to be, or the subject of” an investment opportunity or a security.
According to the CoinMarketCap website, $Trump currently has a total market valuation of about $8.7bn (£7.1bn), while $Melania’s stands at around $1.3bn.