• News
    • Tech News
    • AI
  • Gadgets
    • Apple
    • iPhone
  • Gaming
    • Playstation
    • Xbox
  • Science
    • News
    • Space
  • Streaming
    • Netflix
  • Vehicles
    • Car News
  • Social Media
    • WhatsApp
    • YouTube
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
TikTok
Snapchat
WhatsApp
Submit Your Content
People brand Melania Trump's meme coin 'disgusting' after realizing how much it's worth after a month

Home> News> Tech News

Published 12:30 25 Feb 2025 GMT

People brand Melania Trump's meme coin 'disgusting' after realizing how much it's worth after a month

The Presidential crypto rush has seemingly run dry

Harry Boulton

Harry Boulton

Despite major boons shortly after its release, US First Lady Melania Trump's inauguration 'meme coin' has been branded as 'disgusting' as it drops significantly in the months following its launch.

Much was said about the launch of an official cryptocurrency from the President in celebration of the inauguration, as Trump has made it clear that he's prioritizing the deregulated economy as a key part of his second administration.

His victory saw major gains across the board, allowing Bitcoin to soar past the $100,000 milestone for the first time in its history, and the creation of a working cryptocurrency group lines up with predictions of a national reserve.

Trump's own coin saw 500 people become millionaires overnight, as it was reported that over 80% of his own net worth was, at least at the start, invested in the crypto coin - but it was quickly usurped by a close rival.

Advert

It was the president's own wife Melania that quickly dethroned him at the top of the crypto rankings following the inauguration, reaching a peak price of $13.73.

Melania Trump's meme coin was a quick winner for keen investors, but it quickly tanked in value (Greg Nash-Pool/Getty Images)
Melania Trump's meme coin was a quick winner for keen investors, but it quickly tanked in value (Greg Nash-Pool/Getty Images)

Unsurprisingly though this quickly tanked following the inauguration's conclusion, dropping to $3.44 in just a day and causing many to lose what they invested.

This pain is far from over though, as 'Official Melania Meme' has continued to drop and drop to the point where it's now reached an all-time low, with some crypto enthusiasts branding the coin 'disgusting'.

Advert

Working through CoinStats' Crypto Profit Calculator, if you purchased $10,000 of Melania's coin at it's inauguration day peak ($13.73) and went to sell it now, you'd have to register a $9,347.56 or 93.48% loss, as that same amount is now worth just $652.44.

This obviously scales far worse with the more that you invest, so if one of the millionaires that made their fortune from Trump's coin decided to pump it all into Melania's alternative in a wild double or nothing, they'd have lost a staggering $934,756.01 - ouch.

"Absolutely disgusting," remarks one X user in response to similar loss stats, with a reply outlining that "the Donald Trump coin is not much better. People lost a lot of money."



Advert

One commenter points out the difficulty of crypto trading, arguing "if you sold it a few hours later it would have been the other way around," and that's certainly an attractive prospect.

Official Melania Meme did indeed open at around $8.48, as per CoinMarketCap, so if you put in the same small $10,000 and sold at its peak, you would have walked away with $16,161.

This was likely an impossible scenario for most traders though, as it took just a couple of hours for the price to peak and drop all the way down again. As one user adeptly puts it: "The insiders made money. His average supports lost big."

Featured Image Credit: NurPhoto / Contributor / Getty
Money
Cryptocurrency

Advert

Advert

Advert

  • Donald Trump's tariffs wreak havoc as his own meme coin plummets by major amount
  • Donald Trump meme coin price sees huge drop after wife Melania launches rival token
  • Moo Deng meme coin continues to skyrocket after investor turned $800 into $11,900,000
  • Buyers of Trump's meme coin spent $148,000,000 to win 'most exclusive invitation in the world'

Choose your content:

2 hours ago
10 hours ago
11 hours ago
  • 2 hours ago

    ChatGPT users freak out as Sam Altman launches 'AI agents' eerily similar to apocalyptic 'AI 2027' prediction

    It's like an AI Nostradamus and Baba Vanga

    News
  • 10 hours ago

    Disturbing simulation shows how much microplastic we consume every week and the result is terrifying

    Paper straws suddenly don't seem so bad

    Science
  • 10 hours ago

    'Coldplaygate' CEO Andy Byron targeted by namesake in viral LinkedIn post as he deletes account

    A man with the same name weighed in on the drama that unfolded at a Coldplay concert

    News
  • 11 hours ago

    How Andy Byron's $1,300,000,000 company could be affected after Coldplay 'catch him with another woman'

    The ultimate being caught in 4K

    News