Melania Trump’s Meme Coin Launch and Its Impact

user avatar

by Giorgi Kostiuk

2 years ago

Melania Trump announced her meme coin $MELANIA, drawing public attention and causing a decline in $TRUMP's value.

The Launch of $MELANIA

Melania Trump announced the launch of $MELANIA on her social media, highlighting its immediate availability for purchase. The coin operates on the Solana blockchain and is part of the growing meme coin trend, which is often influenced by social media and internet culture. To ensure a secure and easy buying experience, the project has partnered with Jupiter.

The official Melania Meme is live! You can buy $MELANIA now.

Token Distribution and Allocation

According to the $MELANIA official website, the total supply includes 1 billion tokens. The distribution is as follows: 35% for the team with an initial lock-up period of 30 days, 20% for the project treasury, 15% for public distribution, and 10% reserved for liquidity.

Is $MELANIA Just a Meme, or More?

While $MELANIA is branded as a meme coin, it holds elements of social engagement and is not intended as an investment tool. According to Conor Grogan from Coinbase, the wallet associated with Melania Trump's token differs from the one used for $TRUMP.

My guess is that this token was handled by a different team than TRUMP's. That one looks like professional market makers, this one honestly looks like a college kids.Conor Grogan

The launch of $MELANIA has raised questions about its aims and future plans. Investor and public sentiment will determine the project's success.

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

ECB Announces 36 Payment Providers for Digital Euro Pilot

The European Central Bank has selected 36 payment service providers for a digital euro pilot set to begin in late 2027.

user avatarMaria Fernandez

Bitcoin Price Recovery Approaches Crucial Level

Bitcoin is attempting to regain momentum after a recent correction, with analysts suggesting that reclaiming the $75,000 level could signal a shift in market sentiment.

user avatarGustavo Mendoza

SEC Announces Rule Change for KalshiEX Security Futures Listings

The SEC has issued a notice regarding a rule change for listing standards of perpetual security futures on KalshiEX.

user avatarRajesh Kumar

Bitget Launches Open Custody Network to Enhance Trading Security

On November 5, Bitget announced the launch of its Open Custody Network (OCN), designed to connect external banks and institutional custodians with its trading infrastructure to enhance security and operational independence in cryptocurrency trading.

user avatarMiguel Rodriguez

Circle Plans Acquisition of Tazapay to Enhance Payment Solutions

Circle plans to acquire Tazapay to enhance cross-border payment solutions, with completion expected in 2027.

user avatarDavid Robinson

Circle's Financial Performance Shows Growth Amidst Changing Market Dynamics

Circle's financial performance shows growth with a net income of 226 million and adjusted EBITDA rising by 85% to 317 million.

user avatarArif Mukhtar

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.