In a shocking turn of events, Melania Trump, the wife of former US President Donald Trump, has announced the launch of her own cryptocurrency. The unexpected move has sent shockwaves through the crypto market, with the most notable casualty being the “Trump Coin”, a cryptocurrency launched by Donald Trump’s supporters.

The Trump Coin, which was initially met with enthusiasm and saw a significant surge in value, has suddenly and dramatically plummeted in price. The coin’s value had been steadily increasing, thanks in part to its association with the former President, but Melania’s entry into the market appears to have changed the game.

The Melania Coin, as it has come to be known, has been shrouded in mystery, with little information available about its underlying technology or use cases. However, the fact that it bears the name and endorsement of the former First Lady has been enough to generate significant buzz and excitement.

While some have speculated that the Melania Coin may be a deliberate attempt to undermine the Trump Coin, others see it as a savvy business move by the former First Lady. By launching her own cryptocurrency, Melania may be seeking to capitalize on the growing interest in digital currencies and establish herself as a major player in the space.

The impact of the Melania Coin on the Trump Coin has been severe, with the latter’s value dropping by as much as 50% in the hours following the announcement. The sudden crash has left many investors reeling, and some are questioning the long-term viability of the Trump Coin.

As the crypto market continues to evolve and mature, it remains to be seen how the Melania Coin will perform and whether it will be able to sustain the initial hype. One thing is certain, however: the entry of Melania Trump into the crypto space has added a new level of excitement and unpredictability to the market.