January 20, 2025
In a surprising move, Melania Trump, the incoming First Lady of the United States, has launched her own cryptocurrency, the $MELANIA meme coin, just days before her husband Donald Trump’s inauguration. The announcement, made via her social media accounts, has sent shockwaves through the crypto market, causing significant volatility and a sharp decline in the value of Donald Trump’s $TRUMP coin.
The Rise of $MELANIA
The Melania Trump meme coin, built on the Solana blockchain, surged to a market capitalization of $4 billion within 30 minutes of its launch, according to DEXScreener data. The token, dubbed $MELANIA, is marketed as a “digital collectible” intended for entertainment and engagement, rather than as an investment opportunity.
The launch of $MELANIA comes on the heels of Donald Trump’s $TRUMP coin, which saw a meteoric rise earlier this week, reaching a market cap of $14 billion before crashing by 40% following Melania’s announcement. The Melania meme coin has already attracted nearly 20,000 investors, with its price peaking at $6.70 within 24 hours of its release.
Where to Buy Melania Coin
For those wondering how to buy Melania coin, the token is currently available on decentralized exchanges (DEXs) like Raydium, Meteora, and Orca. To purchase $MELANIA, users need a Solana wallet, such as Phantom, and must acquire SOL or USDC to trade for the token.
Market Impact and Controversy
The launch of $MELANIA has not only impacted the Trump coin value but also caused disruptions across the Solana network. Platforms like Phantom Wallet and Moonshot, a Solana-based meme coin launchpad, reported unprecedented traffic, leading to transaction delays.
Critics have raised concerns about the token’s distribution model, with 90% of the supply reportedly held in a single wallet. Additionally, ethics watchdogs have warned that the Trump family’s foray into cryptocurrency could create conflicts of interest during Donald Trump’s presidency.
The Future of Trump Family Crypto
The Melania Trump crypto coin is part of a broader push by the Trump administration to position the U.S. as a global leader in cryptocurrency innovation. Donald Trump has pledged to establish a Bitcoin reserve and foster a favorable regulatory environment for digital assets.
As of today, the $MELANIA price remains volatile, reflecting the speculative nature of meme coins. Meanwhile, the $TRUMP coin continues to struggle, having lost over $5 billion in market cap since the launch of $MELANIA.
How to Buy Melania Coin
For those interested in buying Melania coin, here’s a quick guide:
- Create a Solana Wallet: Use wallets like Phantom or Jupiter Crypto.
- Purchase SOL or USDC: Acquire these tokens via a crypto exchange.
- Trade for $MELANIA: Use DEXs like Raydium or Meteora to swap your tokens for $MELANIA.
Conclusion
The launch of the Melania Trump meme coin marks a new chapter in the intersection of politics and cryptocurrency. While the $MELANIA token has captured the attention of investors and meme enthusiasts alike, its long-term viability remains uncertain. As the Trump family continues to dominate headlines with their crypto ventures, the world watches to see how this unprecedented experiment will unfold.
For more updates on $MELANIA price and where to buy Melania coin, stay tuned to trusted crypto news sources.
Disclaimer: Cryptocurrencies are highly volatile and speculative. Always conduct thorough research before investing.