#Trump's wife launches cryptocurrency with a market cap exceeding $4.6 billion#

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Overview

Melania Trump, wife of former U.S. President Donald Trump, launched her own personal emoji coin, MELANIA, with an estimated market capitalization of $4.6 billion, sparking heated discussions in the market. The event led to a significant drop in the price of her husband's personal emoji coin, TRUMP, nearly halving its market value. Market analysts believe that the launch of MELANIA may have resulted in capital outflow from TRUMP, impacting the cryptocurrency market to some extent. Additionally, the Trump family's involvement in cryptocurrency issuance has raised questions about whether they are using the crypto space to amass wealth.

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Analysis

Melania Trump's launch of her personal emoji coin, MELANIA, has sparked heated discussion in the market. Its current market capitalization is around $4.6 billion. This event has led to a significant drop in the price of TRUMP, the personal emoji coin previously launched by Donald Trump, with its market capitalization nearly halved. Market analysts believe that Melania's launch of her coin could be aimed at reducing Donald Trump's political influence, commercializing her personal brand, and disentangling it from her presidential identity. At the same time, this incident has raised concerns about the Trump family's use of cryptocurrencies for personal gain, as well as worries about the lack of regulation in the cryptocurrency space. Some analysts believe that the Trump family's coin launches could contribute to a crypto bubble burst and ultimately damage the reputation of cryptocurrencies.

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Classic Views

Trump family's coin issuance is a way to make money by taking advantage of the lack of regulation in the crypto space, and it could have a negative impact on the crypto space.

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Trump family's coin issuance is a typical example of "cutting leeks", its purpose is to quickly cash out, and it could lead to heavy losses for investors.

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The Trump family's coin issuance event reflects the current lack of regulation in the crypto space, and it could lead to further inflation of the crypto bubble.

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The Trump family's coin issuance event has raised concerns about the future direction of the crypto space and could lead to stricter regulation of the crypto space.

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