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Salon
Salon
Politics
Natalie Chandler

Melania Trump launches memecoin

Melania Trump Donald Trump Memecoin CNN Crypto Richard Painter Bitcoin United States

Two days after Donald Trump launched a meme coin that soared to $6.5 billion overnight, Melania Trump announced her own meme coin, adding to concerns the pro-crypto president is crossing ethical boundaries in an industry his administration will regulate.

On Sunday, the incoming First Lady posted on X that investors "can buy $MELANIA now." Her husband reposted it on his Truth Social platform.

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