US President Donald Trump and his wife Melania have launched a pair of worthless cryptocurrency tokens called $TRUMP and $MELANIA. The coins briefly saw significant value due to their association with the first family before crashing. The Trumps reportedly made at least $100 million from trading fees.
The launch comes as no surprise, as President Trump has invested in several crypto ventures without any notable technical or financial innovations behind them. Instead, he has relied on his name and likeness to attract investors, taking majority ownership of the companies involved.
Source: https://airmail.news/issues/2025-4-26/the-view-from-here