She announced on her official X account earlier that the “Official Melania Meme is live” today, confirming the cryptocurrency $MELANIA is ready for purchase as of now.
The value of both coins have risen but have seen volatility in trade.
The website also states $MELANIA is not intended to be the “subject of an investment opportunity, investment contract, or security of any type” and the same goes for the $Trump cryptocurrency.
At the time of writing, cryptocurrency website CoinMarketCap states $MELANIA is currently worth US$1.88 (RM8.44 billion) billion following her launch while $Trump is currently worth US$11.43 (RM51.4 billion) billion in the market.
Meanwhile, under President Joe Biden’s reign, regulators were concerned about money laundering and fraudulent activities after suing exchanges and cracking down on cryptocurrencies.
In light of Trump’s presidential win, Bitcoin reportedly leapt to a record high, currently trading at around US$107,000 (RM480,895), citing crypto trading website Coinbase.
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