On January 19th, 2025, Melania Trump announced the launch of her MEMCOIN, MELANIA, during President Trump's victory rally. This event occurred two days after the TRUMP memecoin launch, creating an unprecedented scenario of presidential family cryptocurrency releases.
Launch and Initial Reception
The cryptocurrency community was initially skeptical about the authenticity of the MELANIA token announcement given its surprising timing and unique circumstances. However, President Trump's swift retweet of the announcement provided immediate legitimacy, sparking intense market activity and establishing MELANIA in the political memecoin sector.
Technical Overview and Platform
Like its predecessor TRUMP, the MELANIA token is built on the Solana blockchain, leveraging its high-speed transaction capabilities and cost-effective structure. The official website describes the token as a digital collectible intended to express support, explicitly disavowing any investment opportunity.
Tokenomics and Distribution Model
The MELANIA token features a structured supply model with a current circulating supply of 150 million tokens and a maximum cap of 1 billion tokens over a 13-month distribution. Despite seemingly clear tokenomics, experts raised concerns over alleged discrepancies between the stated model and actual distribution.
The MELANIA memecoin represents an intriguing entry in the political cryptocurrency niche, distinguished by its connection to a public figure like Melania Trump and its balanced tokenomics. Nonetheless, investors should consider the aggressive distribution model and current lack of utility carefully.
