The launch of the $MELANIA token comes just two days after President-elect Donald Trump launched his own meme coin, which has since soared to a market cap of $10 billion.

Donald Trump’s launch of his meme coin — coupled with low public understanding of crypto assets — could lead to financial losses from risky and speculative investments.

Learn more about incoming First Lady Melania Trump's own cryptocurrency, following the launch of her husband, President-elect Donald Trump's $Trump coin on Friday night.

The driving force behind meme coins and why the launch of Donald and Melania Trump meme tokens sparked an outcry.

Ivanka Trump said Thursday a meme coin bearing her name is “fake” and likely poses risks to investors, as other tokens named after and promoted by her father, President Donald Trump, and First Lady Melania Trump dropped in value days after they went viral.

Melania Trump is following in the footsteps of her husband, President-elect Donald Trump, in launching her own meme coin . "The Official Melania Meme is live!" the incoming first lady posted on social media.

Donald Trump’s namesake memecoin has likely generated at least $11.4 million in fees for entities linked to the president since its launch just before his second inauguration, according to an analysis by the crypto risk modeling firm Gauntlet.