Melania Trump Launches Meme Coin, Triggering $TRUMP Token Crash
- Melania Trump launched her cryptocurrency $Melania, impacting her husband’s $Trump Coin, which fell from over $70 to $40 after her announcement.
- $Trump Coin has a market cap of $13 billion and is capped at 1 billion coins, with 80% held by affiliated organizations.
- $Melania traded just over $12, while $Trump recovered to around $60 after initial losses.
- Both coins include disclaimers stating they are not intended as investment opportunities or securities.
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Coverage Details
Total News Sources0
Leaning Left39Leaning Right32Center36Last UpdatedBias Distribution36% Left
Bias Distribution
- 36% of the sources lean Left
36% Left
L 36%
C 34%
R 30%
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