On January 19 in New York (USA), the market capitalization of $TRUMP dropped below $10 billion as Melania Trump, the wife of former President Donald Trump, introduced a new meme coin called $MELANIA. The coin quickly captured the attention of traders eager to seize opportunities in the rapidly shifting speculative demand of the cryptocurrency market.
A disclaimer on the project’s website stated that $TRUMP is not designed to be an “investment opportunity, investment contract, or security of any kind.” Nevertheless, Trump supporters with knowledge of cryptocurrency wasted no time purchasing $TRUMP. Major exchanges like Coinbase Global and Binance Holdings have also expressed their intention to list $TRUMP on their platforms.
Similarly, the website for the Melania project clarified that $MELANIA is neither an investment opportunity nor a security. It emphasized that “$MELANIA is a digital collectible created to symbolize support and commitment to the values represented by the MELANIA brand.”
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