President-elect Trump issues cryptocurrency '$TRUMP' and its price soars. First Lady Melania also issues cryptocurrency '$MELANIA', and '$TRUMP' crashes immediately after.



On Saturday, January 18, 2025, Donald Trump issued his own cryptocurrency, ' $TRUMP '. Two days later, on Monday, January 20, 2025, his wife, Melania Trump, also issued ' $MELANIA '. The price of '$TRUMP' soared immediately after its release, but then plummeted at the same time as the announcement of '$MELANIA', creating an unusual situation.

The Official Trump Meme | GetTrumpMemes

http://gettrumpmemes.com/

Melania Meme
https://melaniameme.com/

On January 18, 2025, Trump posted on the social media site Truth Social, 'Join the very special Trump community. Get $TRUMP now,' promoting the issuance of '$TRUMP.'



'$TRUMP' is a virtual currency deployed on the blockchain network '

Solana .' The official '$TRUMP' website states, 'Trump faced death on July 13, 2024, but he kept fighting! Trump demonstrated his leadership qualities to the world by proclaiming 'FIGHT FIGHT FIGHT',' and 'This Trump meme celebrates a leader who never gives in to any challenge. Join the Trump community.'



'$TRUMP' has already issued 200 million tokens, and plans to increase this to 1 billion over the next three years. 80% of the issued tokens are jointly held by Trump's affiliates 'CIC Digital LLC' and 'Fight Fight Fight LLC.' The official website also explains that '$TRUMP' is 'not intended for speculation or investment purposes, and is not intended to be a security of any kind,' and 'is not political, and is not associated with any political movement, political office, or government agency.'

Then, on January 20, 2025, two days after the announcement of $TRUMP, First Lady Melania Trump issued her own cryptocurrency, $MELANIA.




'$MELANIA' is also a virtual currency developed on Solana, and like '$TRUMP,' it is described as 'not intended for speculation or investment purposes' and 'not associated with any political movement or government agency.'



'$TRUMP' is already being traded on cryptocurrency exchanges such as

Binance , and according to CoinGecko , its market capitalization is over $9.4 billion (about $1.5 trillion). The price of '$TRUMP' temporarily exceeded $70 (about 11,000 yen), but the price plummeted when '$MELANIA' was announced, and at the time of writing, it is trading at around $48 (about 7,500 yen).



Trump will be inaugurated as the 47th President of the United States at 2:00 a.m. on January 21, 2025, Japan time.

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