Trump Launches His Own Crypto
In January 2025, just before his second inauguration, Donald Trump launched a cryptocurrency called $TRUMP. This was surprising, considering he had previously dismissed cryptocurrencies as scams. However, his entry into the crypto space sent shockwaves through the market, sparking excitement and controversy.
The Copycat Explosion
Within weeks, opportunists created over 700 imitation coins with Trump-related names, hoping to cash in on the hype. These coins, despite having no official connection to Trump, managed to attract thousands of investors looking for the next big thing. Some soared in value, while others quickly collapsed, leaving many with losses.
Melania Trump Joins the Trend
Adding to the chaos, Melania Trump launched her own token, $MELANIA, further fueling speculation. This move caused confusion among investors and even contributed to a decline in $TRUMP’s value as people questioned which coins were legitimate.
Experts Warn of Risks
Economists and crypto analysts have raised concerns about the rapid rise of these meme coins. They warn that:
Many of these tokens lack real value or utility
Scammers could easily exploit the hype to trick investors
The extreme speculation could lead to massive losses for those who don’t do proper research
What’s Next for Trump Coins?
While some believe $TRUMP and other related tokens could gain traction, others see them as just another short-lived trend in the meme coin world.