Melania Trump has launched her own memecoin following a significant rise and subsequent decline in the TRUMP token, a cryptocurrency named after former President Donald Trump. The TRUMP token initially reached a market cap of $15 billion, but experienced a sharp decline, losing nearly 30% in value.
The timing of Melania's memecoin debut suggests an intriguing dynamic between the two tokens, raising questions about the influence and competition between them in the cryptocurrency market.
Source: cointelegraph.com ↗