What is good for the goose is also good for the gander. As the saying goes. And it appears the Trumps are laying golden eggs in the form of crypto meme coins at the moment, ahead of the couple’s official return to the White House on Monday. Announced on Sunday Melania Trump about theirs official X account a message. “The official Melania meme is live!” “You can buy $MELANIA now.” It follows this multi-billion dollar $TRUMP token her husband and president-elect.
Melania’s X-Post includes a black and white photo of the returning First Lady. And a link to the website where you can buy the Melania memes. Described as “fungible crypto assets created and tracked on the Solana blockchain.” Web records show the Melania meme website was registered on Saturday. Just a day before the start.
Melania Trump Meme Coin:
It is unclear how the $MELANIA and $TRUMP tokens will operate under current federal rules and regulations Cryptocurrencies function. Which Trump has promised to revise. But that Melania meme website contains the following information and disclaimers. “Melania memes are digital collectibles. They are intended to serve as an expression of support and commitment to the values embodied by the symbol MELANIA and the associated works of art. And which are not intended as an investment opportunity, investment contract or security of any kind. Or should be the subject of one. Memes.melaniatrump.com is not political. And has nothing to do with political campaigns, political offices or government agencies.”
The token can be purchased via debit card or cryptocurrency. As of Sunday evening, the price was around $250 to $270. Which is equivalent to 1 Solana (SOL) of the blockchain platform. The news of Melania’s digital collecting project follows Trump’s sudden rise to crypto multi-billionaire status with his “Trump Meme” coin.
The timing of this market launch cannot be a coincidence
Loud According to Axios, Trump’s crypto holdings, referred to as $TRUMP, are worth up to $58 billion on paper. The president-elect has courted crypto firms. And promised, the USA to make it the “crypto capital of the planet and the Bitcoin superpower of the world.”
Brendan Fischer, deputy managing director of Documented, says opposite Rolling Stones about the first Trump meme coin: “The timing of this launch cannot be a coincidence. It comes shortly after the end of Trump’s election campaign. And shortly before he officially took office. If he is fully subject to federal ethics rules.”
He added: “Trump must not capitalize on his campaign for his personal gain. He is still allowed to profit from his public office.”