Chloe Taylor,CNBC
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Incoming first lady Melania Trump launched her own meme coin ahead of her husband's inauguration as the 47th president of the United States on Monday.
In a Sunday evening post on the X social media platform, she announced that investors "can buy $MELANIA now."
The Melania token was trading at $11.16 at 10:48 a.m. London time on Monday, up more than 50%, according to data from CoinMarketCap. It has a market cap of $2.15 billion.
Incoming President Donald Trump, who will be inaugurated for the second time on Monday, also launched his own meme coin —...
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