The launch of $TRUMP and $MELANIA crypto coins has disappointed some in the crypto industry, who fear they amplify the sector’s sillier and scammier side.

Former First Lady Melania Trump has launched a meme cryptocurrency, MelaniaCoin, aiming to bridge culture and crypto while supporting youth education and the arts. Unveiled in a virtual event, the coin will serve as a digital collectible with philanthropic goals.

Donald Trump has promised support for cryptocurrencies - and shortly before returning to the White House, he is setting an example with his own "meme

The coin’s market value has surged to about $9 billion, meaning a massive possible windfall for Trump-linked entities that own most of it.

President Donald Trump’s inaugural committee received millions of dollars in donations from firms in the cryptocurrency industry that’s already seeing special attention from his administration, new disclosures show.

The launch of the Trump token, which hit a $15 billion valuation, rides the trend and raises questions. Axios reporter Brady Dale explains what a meme coin is and what owners can actually do with them.