Melania Trump was seen launching her own cryptocurrency after her husband and new president-elect Donald Trump’s cryptocurrency meme coin started to soar in value.

After the launch, it was shocking to see how Trump suffered a steep drop and Melania was to blame.

The former first lady did shock plenty of people after announcing her crypto token on Sunday through the X and Truth Social platform.

This caused $TRUMP TO FALL 41% as per stats taken from CoinMarketCap.

Despite this, Trump was happy to share his wife’s success and opted to repost both his wife’s announcements through the Truth Social social media handle.

$MELANIA is hosted on the Solana Blockchain, similar to the manner in which $TRUMP is launched. Despite being much smaller in size to Trump’s, it’s still managed to buy a lot of people’s interest.

The reaction of many was complete and utter shock. Many did not see the new First Lady walking in this direction. One analyst went as far as to call this act beyond insane as it didn’t make sense why the launch was done shortly after Trump’s which managed to erase $7.5 billion from the market in ten minutes.

The reaction most people had to Melania’s meme launch was one of complete shock. But shortly after Melania’s launch, people started to sell in bulk. For now, it’s quite clear that crypto is turning into a family business.