First Lady Melania Trump’s renewed promotion of her meme coin briefly lifted prices, though the token remains down sharply after a 98% decline and scrutiny over multimillion-dollar sales.
First Lady Melania Trump posted a rare promotion for her official cryptocurrency, the MELANIA token, which triggered a modest price rise. Despite the temporary uptick, the token is still suffering from a severe downturn this year, with its value down 98% and facing questions over $10 million in prior team token sales. The promotion followed an earlier AI-generated video that initially highlighted the token.