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Melania Trump’s meme coin debut shakes crypto market, hits Trump token value

IndiaTimes Monday, 20 January 2025
On January 19, 2025, Melania Trump launched the MELANIA meme coin, which quickly achieved a $4 billion market capitalization within 30 minutes. This launch affected the TRUMP meme coin, reducing its market cap by $5 billion. The MELANIA token allocation raised ethical concerns, with 90% held in a single wallet and significant portions allocated to team vesting and treasury.
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