Market
Will there be major regulatory action against $MELANIA or $TRUMP by June 30, 2025?
3
Resolution / Starting Odds
Against $MELANIA • 25%
Against $TRUMP • 25%
Against Both • 25%
No Action • 25%
Official announcements from financial regulators such as the SEC or CFTC
Story
Melania Trump Launches $MELANIA Memecoin, $TRUMP Coin Falls Over 50% Before Inauguration
Jan 19, 2025, 09:31 PM
Former First Lady Melania Trump has announced the launch of her own cryptocurrency memecoin, $MELANIA, less than 24 hours before President-elect Donald Trump's inauguration. In a post on her official social media accounts, she stated, "The Official Melania Meme is live! You can buy $MELANIA now." President Trump has reposted the announcement on his accounts, including Truth Social and X (formerly Twitter). The introduction of $MELANIA has led to a sharp decline in the value of the existing $TRUMP memecoin. Reports indicate that $TRUMP's market capitalization fell by $7 billion in 60 seconds, with the price dropping from $75 to as low as $38, marking a decline of over 50%. Investors are reportedly shifting their funds from $TRUMP to $MELANIA, causing significant volatility in the cryptocurrency market. However, there are suspicions that Melania Trump's X account may have been compromised after promoting the launch of $MELANIA.
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Similar markets
Warning Issued • 25%
Fines Levied • 25%
Trading Ban • 25%
No Action • 25%
$MELANIA > $TRUMP • 25%
Both over $5 billion • 25%
Both under $1 billion • 25%
$TRUMP > $MELANIA • 25%
Unresolved • 25%
Compromised launch • 25%
Legitimate launch • 25%
Other findings • 25%
Warning issued • 25%
Trading banned • 25%
Fines imposed • 25%
No action taken • 25%
$MELANIA • 33%
$TRUMP • 33%
Equal volume • 34%