Donald and Melania Trump Launch Meme Coins The $Trump and $Melania coins launched ahead of Trump's inauguration as US president.
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The new Donald Trump meme coin has soared in price by over 1000% less than a week after launch.
The new venture was organized by CIC Digital LLC -an affiliate of the Trump Organization- which has previously been involved in the selling of other Trump-branded products such as shoes and fragrances.
On Saturday, hours after its launch, $Trump already had a market value of US$5.5 billion. By Monday it had crossed $11 billion.
"My NEW Official Trump Meme is HERE! It's time to celebrate everything we stand for: WINNING!" Trump wrote on his Truth Social account.
On January 20, 2025, just hours before his presidential inauguration, the coin showed a one week rise of 1589%, including 45% over the previous 24 hours.
"This Trump Meme celebrates a leader who doesn't back down, no matter the odds," the $Trump official website said.
On the eve of Trump's inguration, First Lady Melania Trump also launched the Melania Meme that is created and tracked on the Solana blockchain. Its value has already soared by 300%.
"The Official Melania Meme is live! You can buy $MELANIA now," Melania Trump posted on X.
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