Summary
- Trump reportedly promoted the launch of Melania's meme coin.
- It was reported that the price of the Trump meme coin fell by more than 40%.
- Investors are advised to pay attention to the news of Melania's meme coin launch.
It has been revealed that Donald Trump, the President-elect of the United States, announced the launch of his wife Melania Trump's meme coin.
On the 20th (local time), Trump was confirmed to have retweeted a post on his official X (formerly Twitter) about the launch of Melania Trump's meme coin, 'Melania (MELANIA)'. Trump also shared the same post on Truth Social.
Meanwhile, according to the Kovacei Letter, the official Trump meme coin 'Trump (TRUMP)' plummeted by more than 40% after the news of Melania's meme coin launch was announced.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.![[Market] Bitcoin drops intraday to the $72,000 level… debate over 'safe-haven credibility' reignited](https://media.bloomingbit.io/PROD/news/e3aeb7f7-851b-4479-bfd0-77d83a3b7583.webp?w=250)
