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.

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.

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.

Skyren DAO aims to outperform popular meme coins like Trump and Melania tokens. Learn how its innovation and utility set it apart in the competitive crypto market.

Dubbed Melania, the Solana-based token has surged more than 12,000% in the last 24 hours as Donald Trump's token fell.

Meme coins, which often start as jokes with no real value, are volatile cryptocurrencies that can skyrocket in price if enough people are willing to buy them.

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.