During President Trump’s victory rally, Melania Trump announced her memecoin MELANIA, shaking the cryptocurrency market.
Cryptocurrency Community Response
The cryptocurrency community initially met the announcement of the MELANIA token with skepticism. However, Donald Trump's swift retweet lent the project extraordinary legitimacy, sparking intense market activity.
Technical Overview: Platform and Economics
MELANIA is built on the Solana blockchain, enabling high transaction speeds and cost-effectiveness. The official website emphasizes that the token is designed as a means of supporting the values embodied by the MELANIA symbol, without providing investment opportunities.
Market Prospects and Investment Analysts
The launch of MELANIA created significant market turbulence, impacting the TRUMP token's value. Experts point out several risks, including the aggressive vesting schedule and lack of immediate utility.
The MELANIA memecoin represents a unique entry in the political cryptocurrency sector, marked by significant market support and a challenge for potential investors.
