The Initiative's commenced: Trump and Crypto Leaders hint at Ambitious White House Projects
The crypto scene has been thrown for a loop with the debut of an alleged "official" Donald Trump memecoin over the weekend, leaving traders on edge as they brace for more turbulence in the coming week.
Ready your crypto wallets, folks, as buckle up for a rollercoaster ride!
The "official" Trump memecoin has seized the spotlight since its Friday evening launch, muscling its way into the top 20 crypto market cap heavyweights and teetering at an eye-popping $14 billion value.
Now, rumors of a slew of crypto-focused executive orders from Donald Trump himself have sent shockwaves through the industry. Joining in the fray is Melania Trump, who jumped on the bandwagon with her very own rival memecoin – and it's not going swimmingly for her hubby's coin.
"The official Melania meme is live," Melania trumpeted to the masses, accompanied by a ticker link to her cryptocurrency site. Cue the frenzied buying spree, with Melania's coin landing at a staggering $5 value in no time, pushing its market cap beyond $5 billion.
Sounding dangerously like a family rivalry, Melania's memecoin shares a resemblance with Trump's in its origins: it's also a bitcoin-like cryptocurrency with surging worth based on community buzz and engagement, washed over the solana blockchain.
As if the drama wasn't already heating up, expect spotlights and bright lights as Trump's inauguration begins in Washington D.C.

"Just wait till you see what they do tomorrow," Trump Jr. teased online, eliciting comparable statements of anticipation from his dad, causing a social media frenzy.
Meanwhile, with the Trump memecoin's price soaring high, Robinhood announced it would list the cryptocurrency on its platform, adding to its already out-of-the-world projections.
MicroStrategy's Michael Saylor, well known for his fervor with bitcoin, simply stated, "things will be different tomorrow."
Melania's coin issuance did not go without consequence, however, as it sent a wave of panic through Trump's memecoin followers, causing a plummet in its value by 40%.
So, if you invested in the Trump family memecoin blitz, sit tight for the crypto bull run. Whatever happens – be it more mayhem, rising stars, or family rivalry – the crypto curveballs just keep on coming.
Sources: [1], [2], [3], [4], [5]
- Amidst the buzz surrounding Melania Trump's entry into the crypto world with her own memecoin, the Bitcoin price has also seen significant fluctuations.
- Interestingly, the debut of Donald Trump's 'official' memecoin and Melania's rival coin have both been compared to a family rivalry in the crypto space.
- In response to the surge in popularity of the Trump memecoin, Melania announced the launch of her own coin using a ticker link on her cryptocurrency site.
- However, the issuance of Melania's memecoin seemed to have an impact on Trump's coin, causing a temporary drop in its value by 40%.