Tech billionaire Mark Cuban floated the idea of emulating President Trump by launching his own meme coin, with all revenue going to the US Treasury.

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 launched her own cryptocurrency, $MELANIA, following the success of her husband’s $TRUMP meme coin. Analysts see profit potential in $TRUMP, but ethics experts criticize it as exploiting the presidency. Meme coins like $TRUMP and $MELANIA are highly speculative, with limited utility and significant risks for traders.

After $TRUMP coin exploded at the weekend, investors are flocking to coins such as MELANIA, Wall Street Pepe and Solana token Solaxy.

Trump’s new cryptocurrency, $TRUMP, is an example of what insiders call a meme coin - a digital token traded largely to capitalize on jokes or online enthusiasm rather than as a practical financial asset.

Just before his January 20 inauguration, President Donald Trump launched a cryptocurrency named after himself, which quickly accumulated a market cap of approximately $32 billion (Axios reported that it hit a high of more than $52 billion).

Ready to make wise investments today? Find out why Krex, Melania Meme, and Animecoin are the new meme coins to watch now on5.

The launch of $TRUMP and $MELANIA crypto coins has disappointed some in the crypto industry, who fear they amplify the sector’s sillier and scammier side.

Trump’s first week in office included executive orders, rule changes and pardons that pleased the crypto industry.

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.

Not long after Donald Trump met with state and local politicians about the devastating wildfires, Bill Maher on Friday took aim at the President’s threats to withhold federal funds and how he shouldn’t treat Californians like they’re visiting “a casino and you are comping our room.”