President Donald Trump and the first lady released their own cryptocurrencies. Experts compare them to Beanie Babies and dogecoin.

The launch of $TRUMP and $MELANIA crypto coins has disappointed some in the crypto industry, who fear they amplify the sector’s sillier and scammier side.

Coinbase Global Inc. announced Wednesday that Sinema was part of its global advisory council, along with Chris LaCivita, the co-campaign manager for President Donald Trump’s 2024 reelection. Bill Dudley, the former president of the New York Fed, and Luis Alberto Moreno, an international finance expert, are also joining the council.

Space X and Tesla CEO Elon Musk, who Trump has appointed as co-lead in the newly created Department of Government Efficiency (DOGE), stands as the richest person in the world with a fortune of $433.9 billion, per Forbes.

Members of President Donald Trump’s family have ties to businesses in sectors ranging from cryptocurrency and real estate to beverages and apparel lines.

Melania Trump launched a meme coin on the eve of her husband’s inauguration — causing his own new cryptocurrency to briefly tank amid a buying frenzy. The incoming first lady dropped news of the cryptocurrency — “$MELANIA” — on Sunday night — just days after her husband, President-elect Donald Trump, revealed his own newly created $TRUMP coin.

Trump's embrace of cryptocurrency could mark a change from the regulatory hammer that has fallen on crypto companies under the Biden administration.

President Donald Trump and first lady Melania Trump released meme coins just days before he took the oath of office. A splashy pre-inaugural party was held at a property his company owns. And a Saudi-backed golf tournament is headed to a Trump club this spring.

Donald Trump once called cryptocurrency a “scam.” Now ethics experts fear the president may be carrying out a rules-bending crypto scheme of his own by holding onto crypto assets while serving in the White House.

Shares in TMTG, trading under the DJT ticker symbol on the Nasdaq, are down more than 21 percent over the past five trading sessions.

Donald Trump launched $TRUMP cryptocurrency, a meme coin, days before his inauguration. It quickly reached over $32 billion in value. Melania has now launched her own.

The Trump meme coin is the latest bizarre product promoted by the president-elect, who has also hawked bibles, gold sneakers, and diamond-encrusted watches.