#MEMEAct In January 2025, just days before his second inauguration, Trump launched the $TRUMP meme coin on the Solana blockchain. Of the 1 billion tokens created, 200 million were sold to the public, while 800 million remained with Trump-affiliated entities. The coin's value surged rapidly, with early trading generating over $320 million in fees, bolstered by exclusive perks like dinners with Trump for top holders.

Melania Trump's $MELANIA Coin

Simultaneously, Melania Trump introduced her own cryptocurrency, $MELANIA. An investigation revealed that select traders purchased approximately $2.6 million worth of the token minutes before its public unveiling, leading to nearly $100 million in profits post-launch. This raised concerns about potential insider trading and ethical implications.

World Liberty Financial and the USD1 Stablecoin

Legislative Backlash and Ethical Concerns