Melania Trump Launches MELANIA Memecoin

Bittime - After Donald Trump successfully earned billions of dollars from the launch of memecoin a few days ago, now it is Melania Trump's turn to also enliven the market with MELANIA Coin. Check out the complete review in this article.

This token was launched on Sunday evening, and even though it was just released, MELANIA Coin immediately attracted the attention of many investors, with a potential value estimated at billions of dollars.

MELANIA Memecoin Becomes Part of the Trump Family's Journey in the Crypto World

The launch of this token is part of the Trump family's journey to become increasingly involved in the crypto industry. This opens up many questions about the boundaries between their political role and the personal benefits that can be achieved. 

Melania, who will soon become First Lady, introduced MELANIA Coin through MKT World, a company with which she has a relationship. 

The presence of this token further strengthens the Trump family's position in the rapidly growing crypto market.

Read also: How to Buy MELANIA Tokens on DEX on the Solana Network

Facts Related to MELANIA Memecoin

Although information about MELANIA Coin is still limited, several interesting facts have been revealed. Like many other memecoins, MELANIA Coin has a total supply of one billion tokens. 

However, currently there is no detailed information regarding the number of tokens circulating on the market. Interestingly, the development team will only set aside 35% of the total token supply for themselves. 

All tokens allocated to this team will only be fully unlocked in the next 13 months.

Data from Solscan, a platform that monitors assets on the Solana blockchain, shows more than 22,000 wallets already holding MELANIA Coin just hours after launch. 

This shows high interest from the crypto community even though information regarding this token is still very limited.

Read also: Solana Breakout: Check out SOL Price Analysis and Predictions According to Ali Martinez

Potential Value of MELANIA Coin in the Crypto Market

Since its launch, MELANIA Coin has stolen the market's attention with a significant price spike. 

On the Dexscreener platform, the price of MELANIA Coin immediately shot up to more than $5 (around IDR 81,500), with a fully diluted market cap estimated at more than $5 billion (around IDR 81.5 trillion). 

If this estimate is accurate, then the allocation for the development team could reach more than $1.5 billion (around IDR 24.5 trillion).

However, the launch of this memecoin also influenced the price of another token also issued by the Trump family, namely TRUMP Coin. The price of TRUMP Coin fell by around 36% after it was discovered that there was more than one token issued by the Trump family. 

At the time this news was published, the price of TRUMP Coin fell from $72 (around Rp. 1.1 million) to $44 (around Rp. 717,200).

Read also: Trump's Inauguration and Its Impact on the Crypto Market

Impact of the Launch of MELANIA Memecoin on the Crypto Market

The launch of MELANIA Coin further heated up the already very volatile crypto market. The Trump family's decision to get involved in the crypto world through the launch of this token has certainly attracted the attention of various parties. 

Memecoins are often a controversial topic due to their sharp price fluctuations. However, on the other hand, it can provide opportunities for big profits for investors who dare to take risks.

With the launch of MELANIA Coin, it has become increasingly clear that the crypto world is not only controlled by technology companies, but also involves political figures and large families. 

This could pave the way for more token launches by high-profile individuals in the future, as the public's interest in crypto and blockchain technology increases.

FAQ About MELANIA Coin

What is MELANIA Coin?

MELANIA Coin is a memecoin that was just launched by Melania Trump through MKT World. The token is expected to have a supply of one billion tokens, with the majority of these tokens destined for the public.

How to buy MELANIA Coin?

MELANIA Coin can be purchased through various crypto exchange platforms that support this token, which is listed on the Solana blockchain. However, buyers are advised to be careful considering the rapid price fluctuations.

How to Buy Crypto on Bittime

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Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

Reference 

AXIOS, Melania Trump joins her husband in the meme coin billions business, accessed January 20, 2025.

coinmarketcap, MELANIA Coinmarketcap, accessed January 20, 2025.

Author: Y