...but hey, do what you want...you will anyway.Like her husband President-elect Donald Trump’s meme coin, $TRUMP, Melania’s coin is a type of cryptocurrency that obtains value as more people invest.
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As explained on the coin’s official website, Trump’s meme coins are “intended to function as an expression of support for, and engagement with, the ideals and beliefs embodied by the symbol ‘$TRUMP’ and the associated artwork, and are not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type.”
Over the weekend, Trump’s $TRUMP swiftly became the second-largest meme coin by market cap—second only to his bestie Elon Musk’s beloved Dogecoin. Within the first hours of Melania’s meme coin launch, however, Trump’s market cap plummeted by more than $7.5 billion, according to Forbes.
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Along with launching his own meme coin, the president-elect has also named David Sacks as his crypto and artificial intelligence czar, planting the seeds for a new era for crypto in the country.
Daily Beast
UPDATE 01:28 pm:
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