Former President Donald Trump and his wife Melania have launched cryptocurrency tokens on the Solana blockchain. 'Official Trump' is marketed as a piece of history, while 'Melania' is positioned as a symbol of support for the former first lady's values. Both tokens have experienced significant price volatility since their launch.
The coin was announced on the eve of Donald Trump 's inauguration as president of the United States.24/7 San Diego news stream: Watch NBC 7 free wherever you areThe Melania token was trading at $11.16 at 10:48 a.m. London time on Monday, up more than 50%, according to— a cryptocurrency that takes inspiration from online communities and internet memes — on Friday via the Solana Blockchain network. On Monday, the"Official Trump" coin was down 20% to trade at $53.74 at 10:53 a.m.
Cryptocurrencies can be volatile. Bitcoin, the world's most valuable digital coin, has been known to rise or fall by thousands of dollars in a single day. Alternative coins, or"altcoins," like ether and XRP have proven even more more prone to fluctuations.
Business Politics CRYPTOCURRENCY DONALD TRUMP MELANIA SOLANA BLOCKCHAIN
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