The First Scythe of America? After a meteoric rise of TRUMP, "First Lady Coin" is now live
Original Article Title: "America's First Scythe? After the Surge of 'Trump Coin,' 'First Lady Coin' Goes Online"
Original Article Author: Bu Shuqing, Wall Street News
Rugging, Do You Still Have to Rely on the American President's Family?
On the 18th, just two days before Trump truly took office, he launched his personal MeMe coin, the "Trump Coin."
Once launched, the token immediately gained popularity. According to CoinGecko data, the "Trump Coin" started trading at an opening price of $0.1824, rising over 15,000% within 12 hours to around $30, and peaking at $75.35 (a cumulative increase of over 41,200%) since launch, with a fully diluted market value (FDV) close to $800 billion.
With the frenzy of the "Trump Coin," Trump's wife Melania also took the opportunity to launch her own cryptocurrency — Melania Coin, known as the "First Lady Coin." On the 20th, Melania announced on social media X that the "Melania Official Emoji Pack is now live" and provided a purchase link.

Traders quickly flocked in, driving the price of the "First Lady Coin" above $5, with an FDV market value exceeding $50 billion. Similar to the "Trump Coin," the "First Lady Coin" is also a Solana-based MeMe coin, with its value relying on community attention and participation.
The token issuance by the Trump family has had a huge impact on the entire cryptocurrency market, including internal family clashes. After the launch of the "First Lady Coin," the Trump Coin plummeted by 60% in 30 minutes, Solana dropped 20%, and Bitcoin fell by 6%.

Analysts point out that this phenomenon reflects the market's frenzied enthusiasm for the Trump family's cryptocurrencies and rapid shifts.
An analyst from Kobeissi Letter posted on X, saying, "This is just too crazy. Less than 48 hours ago, Donald Trump launched the Trump Coin, erasing $7.5 billion in market value (within 10 minutes of the First Lady Coin launch). Within minutes of Melania Trump's token launch, we witnessed a large number of sell orders for the Trump Coin."
Mario Nawfal, an opinion leader on X, commented, "Cryptocurrency seems to have become a family business."
Behind the Trump family's cryptocurrency craze is their support for the crypto industry. Trump appointed David Sacks as the head of cryptocurrency and artificial intelligence affairs, who declared at a so-called "crypto party" event: "The reign of terror on cryptocurrency is over, and America's era of crypto innovation has just begun."
Despite the remarkable short-term performance of "Trump Coin" and "First Lady Coin," the high volatility and speculation in the cryptocurrency market cannot be ignored. The analytical firm The Kobeissi Letter warned that this frenzy in the market may pose significant risks. Investors should be cautious with such meme coins and avoid losses due to blindly following the trend.
You may also like

The second half of stablecoins no longer belongs to the crypto circle

Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation

The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations

Is the income of pump.fun real, earning a million dollars a day despite the market downturn?

The real reason why tokens are not selling: 90% of crypto projects neglect investor relations

Who is the true winner of the "Tokenization" narrative?

Moss: The Era of AI-Traded by Anyone | Project Introduction

Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update

How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.

Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K

Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?

Huang Renxun's Latest Podcast Transcript: NVIDIA's Future, Embodied Intelligence and Agent Development, Soaring Demand for Inferencing, and AI's PR Crisis
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Crypto_Trade shows how structured inputs and controlled adaptability can build a more stable and reliable AI crypto trading bot within the WEEX AI Trading Hackathon, highlighting a practical path toward scalable AI trading systems.

AI Starts to Devour the Manufacturing Industry | Rewire News Morning Edition

When Scaling Meets Speed, Ethereum Foundation Introduces "Hardness" to Safeguard the Base Layer

Google, Circle, Stripe Flock Together to Let AI Spend Money: Payment Giants' Joys and Worries in 2026 Q1

$100 Billion Factory Purchase: Bezos and Middle Eastern Capital Shift AI Money from Cloud to Shop Floor
