Donald Trump’s daughter officially talked about the $Ivanka token and confirmed that the Cryptocurrency was created by her name illegally & she will take suitable action against the people who launched this token.
Ivanka Trump is the daughter of Donald Trump, the new US president. Donald Trump & his wife Melania Trump, launched two meme tokens to show their support for the crypto sector. Following the launch of two tokens, many crypto investors speculated that Trump’s family members might also launch another meme token.
Following such speculations, many people noted that a token by the name $IVANKA, a Solana network-based SPL token, was trading in the crypto space. Many people started big investments in that token & made the trade price pump by multiple folds.
On 23 Jan 2024, Ivanka Trump officially talked about this token and confirmed that the token was never backed or affiliated by her. She also said that someone illegally used her name for this token.
Ivanka stated that she is working with her legal team to take action against the culprit, who launched the $Ivanka token.
Furthermore, she suggested people remain away from this token investment.
Following this news, the trade price of the $Ivanka token crashed nearly 44% within 24 hours.
The meme tokens trend continues
2024 began with the trend of meme tokens. At the time, the majority of people thought that the trend would be over before the initial phase of the bull run, but that trend is still going on.
As we know, two meme tokens were launched by the Trump family officially, so the meme token trend grabbed more pace and simultaneously the top Cryptocurrencies are struggling to get an inflow of capital.
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