Melania Trump, the future first lady of the United States, has launched a digital currency or cryptocurrency in her own name. She launched it on the eve of her husband and future President Donald Trump’s inauguration. Trump’s wife Melania announced the launch of cryptocurrency in her name ($Melania) in a post on social media X on Sunday. Melania made the same announcement a day after President-elect Donald Trump launched a cryptocurrency in his name ($Trump). Despite the rise in the value of the two currencies, there has been volatility in trading.
According to several marketcap websites, the total market value of cryptocurrencies in Trump’s name is $8.7 billion. And the total market value of cryptocurrency launched in the name of Melania is about 1.3 billion dollars. Trump has previously labeled cryptocurrencies a ‘scam’. He was against cryptocurrency.