Cryptos bearing the names of Trump family members soared this week before it became clear they had no official connection to anyone close to the president.

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

Cryptocurrency fans may have gotten more than they bargained for when the president and his wife launched a pair of tokens last week.

The TRUMP meme coin launch last weekend has stirred major discussions as the altcoin faced massive volatility recently.

After breaking the record for the fastest meme coin to hit a $15 billion market cap, the Official Trump ($TRUMP) coin has come under scrutiny. Many question

Melania Trump launched her own cryptocurrency, $MELANIA, following the success of her husband’s $TRUMP meme coin. Analysts see profit potential in $TRUMP, but ethics experts criticize it as exploiting the presidency. Meme coins like $TRUMP and $MELANIA are highly speculative, with limited utility and significant risks for traders.

Donald Trump is facing a backlash over allegations of greed following the launches of the $TRUMP and $MELANIA meme coins over the weekend.

Discover the latest on Arctic Pablo's presale, Dogecoin's momentum, and $TRUMP coin's surge. Arctic Pablo stands out as the best meme coin to buy today with huge potential.

"$MELANIA has plunged 80% from its peak, hitting a record low of $2.57 after a major whale sell-off. A crypto whale cashed out, making a $42.7M profit, triggering a 32% drop in a day and raising concerns over the token's future," CoinMarketCap reported on Friday.

President Donald Trump and First Lady Melania Trump both launched meme coins on Monday, but experts say they may not be reliable investments.

Rus Yusupov, who co-founded Vine in 2012, announced the launch of Vine Coin years after the short-form video app was discontinued.