CNN —
The incoming first couple have launched a pair of meme coins in the leadup to president-elect Donald Trump’s inauguration.
Melania Trump launched her cryptocurrency $MELANIA in a social media post Sunday, sending her husband’s cryptocurrency $TRUMP, announced two days earlier, plummeting.
“The Official Melania Meme is live! You can buy $MELANIA now. https://melaniameme.com,” the future first lady wrote on X Sunday.”
Meme coins are a type of highly volatile cryptocurrency inspired by popular internet or cultural trends. They carry no intrinsic value but can soar, or plummet, in price.
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