Separately, shares of Trump’s other publicly traded eponymous entity, Trump Media & Technology Group, dropped more than 10% in the first day of trading following Trump’s inauguration.

"Seriously I was a big trump fan, but which president think's it's a good idea to make a meme coin when they are about to be in charge of a very large country? "

Donald Trump meme coin TRUMP bounced back 20% after a steep correction triggered by the President saying he didn't know much about the token.

A new meme coin launched by President-elect Donald Trump on Friday has a market capitalization of about $9 billion—after hitting a peak of over $15 billion early Sunday—marking Trump’s latest venture into cryptocurrency and merchandise sales in the lead-up to his inauguration.

The soon-to-be First Lady introduced $MELANIA on Sunday, after which her husband's meme coin saw a significant price drop.

President Trump is facing backlash after he and first lady Melania Trump launched two cryptocurrency tokens just days before his inauguration. While the move sparked predictable criticism

Official Trump and Melania meme coins embarked on a massive rally this weekend before plunging. Here's what to know about the President's crypto.

But by associating himself so closely with meme coins, some crypto fans worry that Trump hurts his ability to enact reforms

Meme coins and belief stocks tend to be volatile, and with the president’s Day One over, investors may be looking to take profits while they can. Yesterday, Donald Trump was sworn in for his second, nonconsecutive term.

The US President’s official meme coin $TRUMP held steady overnight with $8 billion value on January 22, while wife Melania coin is out of top 100, with market capitalisation of $760 million.

President Donald Trump dismissed reports that he had made billions after launching his new cryptocurrency token last week.