Exciting news in the crypto world! President Donald Trump has launched a new cryptocurrency called $TRUMP . Introduced just before his inauguration, this memecoin surged from under $10 to a peak of $74.59, before stabilizing around $33.88. 

Shortly after, First Lady Melania Trump unveiled her own token, $MELANIA. However, the introduction of $MELANIA led to a significant drop in $TRUMP ‘s value, declining by over 40%. 

These developments have sparked discussions among crypto enthusiasts and legal experts. Concerns have been raised about potential conflicts of interest and the ethical implications of such high-profile figures launching personal cryptocurrencies. 

As the crypto landscape evolves, it’s crucial for investors to stay informed and exercise caution when exploring new digital assets.