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? "

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.

President-elect Donald Trump and incoming first lady Melania Trump have begun selling new cryptocurrencies. Named $TRUMP and $MELANIA, the projects are meme coins, a type of crypto whose value is

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

Critics said the Trump meme coin could be a dangerous way for special interests and foreign governments to try and buy influence with the president.

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

Currently, $Trump is the 25th biggest cryptocurrency in the world in terms of market cap. As of Thursday, the coin was valued at $7.4 billion.

Trump's crypto tokens are raising ethical and geopolitical concerns--and are worrying even Trump's staunchest pro-crypto supporters

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.

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.