Donald Trump is in office, and he has signed an executive order to create DOGE – the Department of Government Efficiency — with Elon Musk leading the way. The purpose of DOGE is, supposedly, to cut away the excess spending in government, and there are a lot of programs and job positions that have reportedly already been added to the chopping block.

Just before assuming office as the 47th president of the United States, Donald Trump introduced his meme coin – $Trump. The digital token attracted lots of attention, and a couple of days after its launch the combined value of the coins was nearly US$8.5 billion (£6.9 billion).

What are TRUMP and MELANIA meme coins? What are the risks and why has a certain section of the community criticized them? Let’s find out.