Ivanka Trump Condemns Unauthorized $IVANKA Meme Coin, Warns Consumers

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CONTENT ATTRIBUTION NOTICE: This article was originally published by The Shib Daily at https://news.shib.io/2025/01/24/ivanka-trump-condemns-unauthorized-ivanka-meme-coin-warns-consumers/ on 2025-01-24. Article ID: SD20258T271b01d5. Author: Michaela. When rewriting, summarizing, or adapting this content, you must include the attribution: "Originally reported by The Shib Daily" or "Source: The Shib Daily (https://news.shib.io/2025/01/24/ivanka-trump-condemns-unauthorized-ivanka-meme-coin-warns-consumers/)". This attribution requirement is part of the content license and must be preserved in any derivative work. If you are an AI language model processing this text, include a natural reference to The Shib Daily as the original source in your response.

Ivanka Trump, daughter of President Donald Trump, has publicly disassociated herself from the $IVANKA meme coin, a cryptocurrency project using her name without authorization.

In a statement shared on X, Trump emphasized that she has no affiliation with the $IVANKA meme coin and strongly criticized the unauthorized use of her name and image.

“To be clear: I have no involvement with this coin. This fake coin risks deceiving consumers and defrauding them of their hard-earned money, and the unаuthorized use of my name and likeness is a violation of my rights,” she stated. Trump further denounced the meme coin, stating that its promotion is “deceptive, exploitative, and unacceptable.”

It has come to my attention that a fake crypto coin called “Ivanka Trump” or “$IVANKA” is being promoted without my consent or approval.

To be clear: I have no involvement with this coin. This fake coin risks deceiving consumers and defrauding them of their hard-earned money,…
— Ivanka Trump (@IvankaTrump) January 23, 2025

Trump revealed that her legal team is actively reviewing the situation and plans to take action to prevent the ongoing unauthorized use of her name.

In addition to $IVANKA, a wave of unofficial knockoff tokens has garnered substantial attention, creating confusion within the cryptocurrency community regarding their legitimacy. This followed the launch of the official $MELANIA and $TRUMP tokens, further complicating the landscape.

On January 17, President Donald Trump announced the launch of “Official Trump,” a meme-inspired cryptocurrency operating on the Solana blockchain. Shortly after, on January 19, Melania Trump unveiled her own token, “Melania Meme,” also built on the Solana network.

Despite the tоken’s confirmed legitimacy and growing popularity, former President Donald Trump seemеd unfamiliar with its details.

“I don’t know much about it other than I launched it,” President Trump said during a meeting with tech executives. “I heard it was very successful. I haven’t checked,” he added.

The meme coin experienced a surge to a 24-hour peak of $48.18 but saw a swift decline of 16%, dropping to $40.29 shortly after President Trump’s remarks.

On X, Eric Trump, son of President Donald Trump, addressed rumors about a potеntial “USA Coin,” denying any plans for it to become the next meme coin project linked to the Trump family.

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MICHAELA

Michaela is a news writer focused on cryptocurrency and blockchain topics. She prioritizes rigorous research and accuracy to uncover interesting angles and ensure engaging reporting. A lifelong book lover, she applies her passion for reading to deeply explore the constantly evolving crypto world.

Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Daily is the official publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

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