Two days after her president-elect husband generated potentially tens of billions of dollars with a new meme coin, first-lady-in-waiting Melania Trump launched her own coin Sunday night: MELANIA.
Why it matters: The Trump family became crypto billionaires this weekend, simultaneously raising difficult questions about the boundaries between their official roles and personal profits.
By the numbers: The details on this new coin are sketchier, but we can see that it also has a supply of a billion tokens. It’s not clear how many are on the market now.
- According to the token’s site, the team is only setting aside 35% for themselves, but it will also only take 13 months for it all to unlock.
- More than 22,000 wallets held it early Sunday evening, shortly after launch, according to Solscan, a site for checking the details of assets on the Solana blockchain.
- The meme coin is offered by MKT World, a company associated with the incoming first […]
Does the US have a Constitution that means something? Is it not the law of the land? If it is, then why wasn’t he kept from making money during his first term? And now he’s going to make billions from crypto? And so is his wife?
What kind of country do we have now? Who does this. If we have a Constitution, why is he allowed to do this. It clearly states that no president can accept money either FOREIGN OR DO
MESTIC while he is in office and yet in his first term, NOTHING happened to him. Are we a lawful country or not? Why is this going on? Who the heck is he anyway—above the law? No, Trump, No.2. that’s who he is!!!!