Meme coins, which often start as jokes with no real value, are volatile cryptocurrencies that can skyrocket in price if enough people are willing to buy them.
WASHINGTON — Melania Trump launched her own cryptocurrency token days after President-elect Donald Trump launched a meme coin of his own.
The incoming first lady launched the meme coin with posts on her social media accounts on Sunday while her husband’s rally was underway in Washington.
Meme coins are a strange and highly volatile corner of the crypto industry that often start as a joke with no real value but can surge in price if enough people are willing to buy them. Dogecoin, the cryptocurrency whose mascot is a super-cute dog that muses things like “much wow,” is perhaps the most well known. Meme coins can be used by scammers looking to make a quick fortune at the expense of unwary investors.
The Trump meme coins started selling for $10 each before soaring to as …