#MelaniaTrumpLaunchesToken

### **Melania Trump's Coin Launch Sends Husband's $Trump Token Plummeting—Market Chaos Ensues!**

- Melania Trump launched a new cryptocurrency meme coin, $Melania, causing the price of her husband Donald Trump's coin, $Trump, to plummet over 50% from $75 to $30 before recovering to around $64.

- The initial launch of $Trump had seen its value surge to over $70, but the introduction of $Melania led to significant sell-offs, erasing approximately $7.5 billion in market capitalization in just 10 minutes.

- Despite the volatility in meme coins, which are often likened to gambling, the $Trump coin's release was viewed positively by some crypto enthusiasts as a sign of support for the industry from the incoming president.