Connect with us

    Hi, what are you looking for?

    News

    Melania Trump Launches Cryptocurrency, Causing Market Stir – Ravenewsonline

    Melania Trump launched her own cryptocurrency, $MELANIA, on the eve of her husband’s inauguration, attracting nearly 20,000 investors within the first hour.

    The coin’s value skyrocketed to £1.4 billion within minutes.

    This launch came just a day after Donald Trump introduced his own $TRUMP coin, which currently has a market valuation of about $12 billion.

    The $MELANIA coin is described as a way to “show support for and engagement with the values embodied by Melania”.

    Despite disclaimers stating that both coins are not intended as investment opportunities, the launch of $MELANIA caused the $TRUMP coin to crash in value, wiping billions off its market price before it recovered some losses.

    Donald Trump, who once called crypto a “scam,” changed his stance during the 2024 election campaign and became the first presidential candidate to accept cryptocurrency donations.

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    Nigeria Civil Aviation Authority (NCAA) has dismissed recent claims by Senator Orji Uzor Kalu alleging lapses in pilot preparation, substance abuse among flight crews,...

    Tech

    OpenAI Chief Executive Officer, Sam Altman, has announced a major policy shift for the company’s flagship chatbot, ChatGPT, revealing plans to relax content restrictions...

    News

    Sultan of Sokoto, Alhaji Sa’ad Abubakar III, has called for the regulation of social media in Nigeria, warning that its unrestrained use poses a...

    News

    The Senate has confirmed Professor Joash Amupitan as the new Chairman of the Independent National Electoral Commission (INEC) following a voice vote by lawmakers...