The latest crypto news that’s got everyone talking is Donald Trump and Melania’s move to join the cryptocurrency world. This first couple has reportedly entered the meme coin market. They made this move days before Trump’s big day back in the White House. And that has sparked debates about their impact and purpose. The debate is more so after Trump called Bitcoin a ‘scam’ in 2021. Read on to learn more. Trump and Melania Meme Coins On 17th January 2025, Trump revealed his $TRUMP coin. It has an image of his attempted assassination in July. And, on 19th January 2025, Melania released her own $MELANIA coin. These coins promise a shift in the crypto world, just like NetBet slots are doing in casinos. They gained explosive values quickly, where the $TRUMP is now valued at $11 billion and $MELANIA at $1.7 billion. Despite, their high worth, there is still some debates about them. This is more so about political figures involvement in the crypto market. For one, a crypto expert, Justin D’Anethan commented, “Should public figures, especially those with such political clout, wield this kind of sway in speculative markets?’ The Trumps are saying that these meme coins are just for fun and support, not for investment. However, 80% of $TRUMP cons are owned by companies lined to Trump. What People Are Saying Some people see the Trumps move into the cypto world as a marketing genius. On the other hand, many worry that the meme coins can mislead inexperienced investors. In addition to this controversy is Trump’s history, where he called Bitcon a “scam.” Also, he once dismissed digital currencies as a threat to the dollar. Now, critics are calling Trump’s involvement in meme coins hypocritical. On the other hand, fans say that these meme coins act as proof of Trump’s ability to evolve and adapt. What Could the Trump’s Move Mean For the Crypto Community? The launch of the $TRUMP and $MELANIA coins could attract a new wave of users to the crypto market. If they continue to be popular, they may even compete with popular meme coins, such as Shiba Inu and Dogecoin. What’s more, this whole meme coin craze isn’t just about the Trumps. It’s a bigger part of the crypto boom that is currently going on. For instance, after Trump’s inauguration there is an expectation that Bitcoin will hit its highest record yet. So, every crypto enthusiast currently wants to get a piece of the digital pie. In addition, the $TRUMP and $MELANIA meme coins act as a reminder that the world of many is constantly changing. It’s now proving that crypto is quickly becoming a bigger part of our lives and that of politics, too. Bottom Line Trump and Melania’s entry into the cryptocurrency world has everyone talking. It has encouraged Trump’s supporters to join the crypto wave. However, some are still skeptical. Also, there are many unanswered questions on whether the coins will crash or soar after the inauguration. But only time will tell. The only thing for sure is that after Trump’s inauguration, there will be a shift in the crypto world.
