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.

Click to comment

Leave a Reply

Your email address will not be published.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

ad

You May Also Like

Broadcasting

With about a year of joining the Smart Treasure Investment (ST Team), the status of Folashade Abiodun popularly known as Fola, has changed for...

News

As part of its commitment to fostering education, Smart Treasure (ST Team) Investment has empowered over 117 pupils from Orejo Opete Primary School and...

News

The family of the late chieftain of the All Progressives Congress (APC), Chief Dr. Cairo Ojougboh, led by his wife, Mrs. Bose Ojougboh, marked...

Tech

Federal Government of Nigeria has marked a significant milestone on Friday, 14th February 2025, by breaking ground for the construction of the Sustainable &...