Donald Trump and his wife, Melania Trump, have launched their own meme coins, gaining substantial traction in the cryptocurrency market. These coins, named $TRUMP and $MELANIA, have skyrocketed in value, placing the couple among the wealthiest figures globally.
At the time of writing, Donald Trump’s coin, $TRUMP, was trading at $59.01, boasting a market cap of $11.79 billion. This reflects an impressive 85.55% surge in a single day, according to CoinMarketCap data. Similarly, Melania Trump’s token, $MELANIA Coin, was priced at $11.46 with a market capitalization of $1.86 billion after a 56.29% jump since its launch.
According to CoinGecko, $TRUMP currently ranks as the 22nd most valuable cryptocurrency globally, while $MELANIA holds the 94th spot. These rankings underline the significant market impact these coins have had, further solidifying the couple’s position among the richest in the world.
Donald Trump introduced his meme coin late Friday on Truth Social, describing the move as an "investment." Meanwhile, Melania Trump launched $MELANIA on Sunday, sharing the news via a post on X (formerly Twitter). Despite early volatility, both coins demonstrated strong market recoveries, drawing widespread attention.
Donald Trump, poised to begin his second term as President, has consistently voiced his support for cryptocurrency. Reports suggest he plans to prioritize blockchain technologies at a national level, with plans for an executive order to integrate crypto-friendly policies into his administration.
The rise of $TRUMP and $MELANIA reflects Donald and Melania Trump’s influence in the cryptocurrency space. With their strong advocacy for blockchain and innovative steps in the digital economy, the couple continues to redefine financial trends on a global scale.
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