Before people had a chance to process the fact that the incoming president of the United States had <a href="https://www.web3isgoinggreat.com/?id=trump-launches-a-shitcoin">just launched his own transparent crypto cash-grab</a>, the soon-to-be First Lady did the same. Whoever is calling the Trump family's crypto shots seemed to think they could just follow the same playbook a second time and enjoy the same results, but the launch of the new token brought a sudden crash in the $TRUMP token value.<p>This is not Melania Trump's first foray into the crypto world. In December 2021, <a href="https://www.web3isgoinggreat.com/?id=melania-trump-announces-nft-collection">she launched her own line of NFTs</a> — only to <a href="https://www.web3isgoinggreat.com/?id=melania-trump-apparently-wash-trades-her-own-nft">apparently wash trade them</a> after a tepid response.</p><p>Meanwhile, some in the crypto world are reacting with horror at Trump's decisionmaking. While they hoped that Trump's administration would be crypto-friendly, they did not seem to anticipate that the Trump family would openly embrace some of the ecosystem's worst parts to enrich themselves at everyone else's expense.</p>

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