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.

By associating himself so closely with meme coins, some crypto fans worry that Trump hurts his chances to help the wider crypto industry.

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.

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

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.

Cryptocurrencies launched by Donald and Melania Trump have angered some digital currency advocates and sparked fresh allegations of leveraging the presidency for profit.

Donald Trump's TRUMP token is down Thursday as daughter Ivanka takes aim at an unofficial Solana meme coin named after her.

I believe the launch of TRUMP and MELANIA meme coins isn't an indictment of the crypto space but a fun way to show political support. Read my analysis.

Meme coins have transitioned from playful internet jokes to legitimate financial instruments, capturing the imagination of investors worldwide. The latest entrants in this dynamic space—Donald Trump’s Official Trump Token ($TRUMP) and Bullionaire Coin ($BULL)—have set the stage for a battle of innovation,

"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? "

According to a disclaimer on the Trump Meme website, Trump Organization-affiliated entities hold 80 percent of the cryptocurrency, and will earn profits from the "trading revenue" generated through sales.

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