Did Melania Trump Just Make A Disastrous Financial Move?

Becoming the first lady of the United States undoubtedly gave Melania Trump some of the best and worst days of her life, just as anyone would experience when ascending to such a lofty position after a long campaign. Her post-White House days are filled with highs and lows, too. In fact, where her life in the White House might have been dedicated to her husband, then-president Donald Trump, her life after leaving the White House has been dedicated to herself according to People. "She knows what Donald wants from her, but the rest of her life is dictated by her own interests," a source close to the Trumps told People. "Each has come to respect what the other wants and needs." However, she may have just hit a bump in the road on her way to peace.

Whether Trump wants to be first lady again or not, she's been taking action with her husband, former president Donald Trump, post-presidency to recoup their finances. Unfortunately for them, the rise of cryptocurrency may be negatively impacting these efforts. Here's what we know on Melania Trump's recent disastrous financial move involving one of her most recognizable fashion items.

After leaving the White House, Donald and Melania Trump have been revealing what's in store for their future through their actions, some of which appear to see the former President and First Lady of the United States floundering. One such incident comes from Melania Trump's current fashion faux pas that doesn't involve a fashion accident but a loss of money from one of her most famous White House looks.

According to The Washington Post, Trump has been set to auction off her famous white hat, for which she was asking a minimum of $250,000. However, the recent cryptocurrency crash means the hat is no longer worth — or simply won't receive — this large sum of cash. She wore the hat in 2018 when French President Emmanuel Macron visited the White House, and assumed she would have no problem reaching the established minimum.

Unfortunately, the hat is currently set to lose approximately $80,000, according to The Daily Beast, because bids for the hat were only accepted through SOL, a cryptocurrency platform. As of January 26, the hat has received just five bids, the top of which rests at $170,000. The general cryptocurrency crash currently affecting every crypto network has seen people lose money and has caused trepidation regarding spending their currency.