The inauguration of Donald Trump as the 47th president of the United States caused a stir in the crypto market this weekend. Indeed, since Saturday there has been a cryptocurrency of the future president called "Official Trump." This currency immediately caused an explosion in the price. With a market capitalization of nearly $12 billion, TRUMP already ranks 21st among the 100 largest cryptocurrencies.

On inauguration day itself, the Trump-Coin welcomed this event with a 50 percent price increase compared to the day before. With this, TRUMP rose to $58, after temporarily dropping to $44. Trump's high was reached Saturday night at $72.

Remarkably, TRUMP is getting competition from the future First Lady. In fact, Melania Trump has also launched her own memecoin, called Melania MEME. This coin went on the market overnight from Sunday to Monday and quickly recorded a 60 percent increase in its price on a daily basis. The market capitalization of MELANIA already stands at $1.8 billion, putting this memecoin in 80th place of largest cryptocurrencies. The current share price is $12.

Apart from Donald and Melania Trump, Bitcoin has also continued to rise. The oldest cryptocurrency reached a new all-time high of $109,000, up 2.5 percent from yesterday. Ethereum also saw an increase, jumping three percent to $3,370. Over the week, this second-largest cryptocurrency rose five percent.

XRP, meanwhile, is taking a breather after its rapid gains in recent weeks. On a daily basis, the Ripple-Coin remains steady at $3.20, with a weekly gain of 30 percent. Among the ten largest cryptocurrencies, there were larger price declines in Solana and Dogecoin, which both fell four percent in the last 24 hours.