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Melania Trump’s surprise Epstein denial fails to halt 99% crash of her memecoin

CryptoSlate
Melania Trump’s public denial of ties to Jeffrey Epstein failed to stop her namesake memecoin from dropping 99% from its all-time high.

Summary

First Lady Melania Trump recently held a surprise White House address to refute long-standing rumors linking her to convicted financier Jeffrey Epstein. She explicitly denied that Epstein introduced her to Donald Trump and denounced the circulation of fake images as defamatory. Despite the high-profile nature of her comments and her call for Congressional hearings for Epstein's victims, the market performance of the MELANIA token remained unaffected. The cryptocurrency continues to trade at a fraction of its former value, having crashed approximately 99% from its January 2025 peak, signaling a decline in speculative interest for politically-themed digital assets.

(Source:CryptoSlate)