"The reign of terror against crypto is over, and the beginning of innovation in America for crypto has just begun," Sacks said, speaking on Friday at the so-called crypto ball event, intended to drive support for Trump among the crypto community and demonstrate its value to the incoming administration.

United States President-Elect Donald Trump’s controversial memecoin fell 28% as the incoming first lady Melania Trump launched a memecoin of her own, notching a $4 billion market cap within the first half hour of launch.

Melania Trump's $MELANIA meme coin launch sparked a crypto frenzy, hitting a $5 bn market cap and causing a 40 per cent crash in Donald Trump's $TRUMP token within minutes

Donald Trump's memecoin saw a rapid rise before crashing 40% after the launch of Melania Trump's $MELANIA coin, which surged to a $5 billion market cap.

The move sent Donald's meme coin, $TRUMP, crashing by 50%. According to Forbes, the newly launched $MELANIA coin attracted attention almost immediately, with its price skyrocketing to over $5. This drew investments away from Donald Trump's own cryptocurrency offering.

A day after the U.S. President Donald Trump launched the $TRUMP memecoin, the First Lady of the country, Melania Trump, also launched her own memecoin, $MELANIA.

Future First Lady Melania Trump introduced her memecoin to her 32 million followers on X on Sunday evening gaining immediate traction Read Full Article at RTcom

Incoming US President Donald Trump, along with his team and family, has been under fire for launching two memecoins just days before he takes office.

Incoming first lady Melania Trump has launched a cryptocurrency on the eve of her husband's inauguration as US president. The announcement comes a day after President-elect Donald Trump launched the $Trump cryptocurrency.

Melania Trump announced Sunday that her new crypto meme was available to be purchased, just days after President-elect Trump announced the release of his own cryptocurrency.