Melania Trump launches her own memecoin

Melania Trump, the wife of U.S. President-elect Donald Trump, has launched her own memecoin, named MELANIA, which she announced on her X and Truth Social media accounts. Her husband shared the launch news on Truth Social as well. According to CoinMarketCap, the fully diluted valuation (FDV) of the MELANIA token is currently $12.5 million. The token is trading at $0.2368, marking an increase of 4386.98% since its launch.