Billions have already been wiped from the value of the latest cryptocurrencies, with experts warning of more volatility

Comment: Not long ago, meme coins as a long-term investment would have been dismissed as fanciful. The post $TRUMP and $MELANIA make crypto great again. Be careful. appeared first on Newsroom.

Donald Trump’s launch of his meme coin — coupled with low public understanding of crypto assets — could lead to financial losses from risky and speculative investments.

Within hours, TRUMP skyrocketed in value, climbing from pennies to over $50, with a market cap over $10 billion. The coin now ranks among the world’s top 20 digital assets, attracting both investors and critics. Trump’s business arm holds 80% of the tokens, set to release gradually during his presidency.

Two days after Donald Trump launched a memecoin that soared to $6.5 billion overnight, Melania Trump announced her own memecoin, adding to concerns the pro-crypto president is crossing ethical boundaries in an industry his administration will regulate.

Melania Trump’s new $MELANIA token briefly tanked $Trump coin’s value as Bitcoin hits $107K with Trump’s crypto stance fueling market buzz.

The $MELANIA token is live and is challenging $10 not even a day since its launch, but even as the memecoin pumps, concerns around token allocation and swapping difficulties are piling up.

Major exchanges, including Binance, Coinbase, and Robinhood, have listed TRUMP. Crypto exchanges, including Kraken and Bitmex, have listed MELANIA