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Latin Times
Latin Times
National
Taylor Odisho

Melania Trump Meme Coin Drops Below $1 in Value a Month After Launching: 'Scammed By the First Family'

Melania Trump Brian Krassenstein Donald Trump Elon Musk Javier Milei CoinMarketCap United States
Melania Trump's meme coin fell in valuation to less than $1 on Tuesday. (Credit: ANGELA WEISS/AFP VIA GETTY IMAGES)

First Lady Melania Trump's meme coin has dropped to less than $1 in value just one month after its launch.

The first lady released her cryptocurrency token days after President Donald Trump launched $TRUMP, which surged in value, exceeding a $72 billion market valuation within three days. However, like $MELANIA, it rapidly lost value. Today, $TRUMP stands at $13.35, per CoinMarketCap.

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