On January 20, soon-to-be First Lady Melania Trump revealed her entry into the cryptocurrency space with $MELANIA. The announcement, strategically timed ahead of Donald Trump’s victory rally in Washington, D.C., sent her social media followers into a frenzy. “Official Melania meme is live! You can buy $MELANIA now,” she posted on X (formerly Twitter). The response was overwhelming. Within hours, the price of Melania had soared to over $5 per token, achieving a staggering market cap of $5 billion. Crypto traders rushed to buy it, making the token one of the most talked-about assets of the day.
