Ivanka Trump, the daughter of the elected president, addressed her followers on social media X with a warning that purchasing a certain token could lead to a loss of funds. She stated that her legal team is actively investigating this issue and taking steps to prevent the unauthorized use of her identity.
"I have been informed that a fraudulent cryptocurrency, called 'Ivanka Trump' or #IVANKA , is being promoted without my consent and approval. I want to clarify: I have no relation to this token. The creators of this fake meme coin may mislead users and deprive them of their hard-earned money," wrote Ivanka Trump.
Two days before taking office, Donald Trump announced the release of the meme coin Official Trump (TRUMP), which was based on the blockchain #Solana . In just two days, this token reached a record high value of $75, securing a market capitalization of nearly $15 billion. Soon after, the president's wife Melania Trump also announced the release of her own token MELANIA on the same blockchain platform. However, the launch of the second 'family token' by the Trumps led to a 45% drop in the value of the meme coin TRUMP.
The Trump family has trimmed all the hamsters in the world! Trump probably became the President of the USA for this :)
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