Melania Trump sparks time travel speculation with new AI video
The cryptocurrency Donald and Melania released was called a “meme coin.” It could be launched—or created—by anyone, and as of today, thousands exist. At the time, the President and First Lady’s cryptocurrencies entered the top 100 coins by value.
Melania Trump criticized over cryptocurrency
“This may represent the single worst conflict of interest in the modern history of the presidency,” Norman Eisen, a former ethics adviser to the Obama administration, told the Washington Post, adding that Trump has “the most profound conflict of interest” in the crypto market and that he is “seeking to gain” and regulate the industry.
Analysts at The Kobeissi Letter, a leading commentary platform on the global capital markets, stated on X that Donald and Melania’s release of cryptocurrencies was “beyond insane.”
“Less than 48 hours ago, Donald Trump launched $ Trump which just erased $7.5bn in market cap in 10 minutes. In the minutes around the launch of Melania Trump’s token, we saw massive sell orders in $ Trump,” it said.
In less than two months 6, Melania’s cryptocurrency had lost 92% of its value since its release. Meanwhile, Donald’s has seen a price drop of around 75% from its all-time high. In August, the value of the first lady’s coin had dropped by a staggering 98%.
But Melania refused to give up on her cryptocurrency. Ten months after its release, Melania decided to push Americans to buy more of it. On Thursday, through her social media channels, the First Lady published an AI-generated video that referred to the token as a path “into the future.”
