President Donald Trump‘s return to office could be inaugurating a new landscape in cryptocurrency. Just two days after launching the new $TRUMP cryptocurrency meme coin, there’s now an offering in the name of incoming first lady Melania Trump, too.
The Melania Trump meme coin, a type of cryptocurrency, hit the market Sunday night about 6 p.m. on the eve of Trump’s inauguration. The returning first lady announced the offering’s arrival in a post on X, the social media network formerly known as Twitter, saying “You can buy $MELANIA now.”
After initially launching at about $7, the $MELANIA coin was valued at about $9 on Monday morning with a market cap of $1.65 billion, according to CoinMarketCap tracking site. That’s not quite as…
