#Melania Trump's NFT collection has a market value of $4.6 billion.#

Melania Trump, wife of former US President Donald Trump, has launched her own meme coin, Melania, with a market cap of around $4.6 billion, triggering heated discussions within the cryptocurrency community. The event led to a significant drop in the price of Trump, a meme coin previously issued by Donald Trump, with its market cap nearly halving. Some analysts believe Melania's coin launch aims to diminish Donald Trump's political influence, detaching him from his presidential identity and commercializing his persona. Meanwhile, others argue that the Trump family's coin issuance is a blatant attempt to exploit the lack of regulation in the cryptocurrency market for profit. This event has also raised concerns about the regulation of the cryptocurrency industry and questions about the Trump family's use of their political influence for commercial gain.