Melania Trump has unexpectedly ventured into the cryptocurrency world, debuting her own memecoin named MELANIA. Within just two hours of its launch on January 19, the memecoin's market value skyrocketed to $6 billion, sparking a mix of excitement and skepticism in the crypto community.
This development comes amid a backdrop of regulatory challenges, including IRS crypto rules that have recently faced criticism from Texas Senator Ted Cruz.
The dual nature of the response—enthusiastic engagement alongside critical scrutiny—highlights the unpredictable and rapidly evolving dynamics of the digital asset landscape.