Former first lady and wife of United States President-elect Donald Trump Melania launched her meme coin on Sunday as announced by Trump via TruthSocial.
Meanwhile, the price of the TRUMP coin fell around 60% to sell for $40.92 at 5:07 pm ET.
The MELANIA coin market capitalization reached $4 billion within the first half an hour of its launch. It has been estimated that 20,000 investors have bought the coin so far.