When Melania Trump’s cryptocurrency token wiped $5 billion from Donald Trump’s memecoin
Donald Trump's TRUMP cryptocurrency lost 38% in value after Melania Trump launched her own MELANIA token, erasing $5 billion from its market capitalization. Melania’s token reached a market value of $6.14 billion shortly after its release. Critics warn of potential undue influence, while supporters view the tokens as symbolic of Trump's pro-cryptocurrency stance.
Donald Trump's TRUMP cryptocurrency lost 38% in value after Melania Trump launched her own MELANIA token, erasing $5 billion from its market capitalization. Melania’s token reached a market value of $6.14 billion shortly after its release. Critics warn of potential undue influence, while supporters view the tokens as symbolic of Trump's pro-cryptocurrency stance.
