Melania Trump's Memecoin MELANIA Surges by 22,000%

user avatar

by Giorgi Kostiuk

2 years ago

Melania Trump made waves in the crypto world on January 19 by launching her self-titled memecoin MELANIA, achieving a $1.5 billion market cap in just 9 hours.

Launch of MELANIA Memecoin

The MELANIA memecoin, launched by Melania Trump, quickly reached impressive market success. The token's price hit $11.85, representing a 22,000% increase since its launch. Promoted via an X post, over 45,000 wallets acquired the token within the first hour.

Market Reaction

The debut of MELANIA negatively impacted the TRUMP token, which saw its price drop by 38% in 40 minutes, reducing its market cap by $5 billion. This event occurred a day before Donald Trump's inauguration, creating an interesting rivalry within the Trump family.

Criticism and Implications

Despite its success, questions about the project's transparency arose. Platform Bubblemaps pointed out that 90% of MELANIA tokens are held by a single wallet, raising concerns. Additionally, some experts noted the project's lack of professional planning and the insecure website, registered shortly before the ICO start. The website belongs to MKT World LLC, a company associated with Melania Trump since 2021.

The launch of the MELANIA memecoin left a significant mark on the crypto market but raised concerns about the project's transparency and security, requiring investors' attention.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Bitcoin Price Recovery Approaches $78,000

Bitcoin's price recovery has brought it closer to the $78,000 mark after a week of volatility.

user avatarSon Min-ho

LIT Token Surges Amidst Mixed Performance in Altcoins

Lighters LIT token experienced a significant surge of approximately 18% to $3.19 on November 1, 2026, amidst mixed performance in major cryptocurrencies.

user avatarZainab Kamara

Circle Releases Technical Guidance for ERC20 Transfers Using CCTP

Circle has published a developer guide detailing how issuers can utilize its CrossChain Transfer Protocol (CCTP) for ERC20 assets beyond USDC.

user avatarAyman Ben Youssef

Curve Finance Launches StableSwap on Stellar Mainnet

Curve Finance has launched its StableSwap system on the Stellar mainnet, marking its first native deployment outside the Ethereum ecosystem.

user avatarTando Nkube

Ondo Finance Introduces Tokenized Investment Portfolios on Solana

Ondo Finance has launched seven investment portfolio tokens on the Solana blockchain for eligible investors outside the US, providing managed exposure to tokenized equities and ETFs.

user avatarKofi Adjeman

Market Implications of Aave's Tokenized Equity Lending Explored

A case study on the market implications of borrowing against tokenized equities following the launch of Aave's V4s Equities Hub, highlighting market liquidity and associated risks.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.