The Donald and Melania Trump-backed memecoins that launched over the weekend have amassed a combined value of over $15 billion.

Donald Trump and his team have been accused of running a “pump and dump scheme”

after back-to-back memecoin launches added billions of dollars to the net worths of the incoming US president and first lady.

Just a day after Trump’s self-branded Official Trump (TRUMP) token launched and soared to a $15 billion market cap,

Trump’s wife Melania launched a self-titled memecoin of her own — which led commentators to accuse the family of unseemly behavior.

“You were right if you thought the smashing success of $TRUMP would make Trump greedy,”

Bianco Research president Jim Bianco said on Jan. 19, following the launch of Mrs. Trump’s token.

“He tried to double down with a $MELANIA, but the market thinks it is a form of dilution and assumes/fears that Trump has tons of other coins in the wings to come.”

The TRUMP token fell 38% in the hours after his wife’s token launched.

MELANIA hit a peak value of over $13 billion four hours after its Jan. 19 launch, which has since nearly halved to $7.3 billion.

“We are witnessing the largest unforced error ever made before a Presidential inauguration…unbelievable,”

Phinance Technologies founder Edward Dowd said on X in response to TRUMP’s price fall.