Just two days before his inauguration, newly elected US President Donald Trump launched his meme coin, $Trump, which shot into the top 20 cryptocurrencies by market capitalization within 24 hours.
Not to be outdone, the next day his wife Melania announced the launch of her own meme coin, $Melania.
What is Melania Coin (Melania), how does it work and what are its prospects in the crypto market?
What is Melania Coin?
Melania Coin is a token Built on the Solana blockchain. The official website It is clear that the medal is about fun and collecting – it is not intended as a financial tool or investment.
What sets the project apart is its deep connection to the political world and support from influential figures in the crypto space. This unique blend of traditional politics and cryptocurrency has set a fascinating precedent for how these two worlds can collide.
Melania Coin’s cryptocurrency officially launched on January 19, 2025, with the former first lady announcing the news on her official X account.
“The official Melania meme is live! You can buy $Melania now,” she told her followers.
Not to be outdone, her husband, newly elected President Donald Trump, quickly reposted her announcement to his massive audience, which contributed to Melania’s popularity.
How does Melania Coin work?
As we’ve already highlighted, Melania Coin’s cryptocurrency runs on the super-fast and energy-efficient Solana blockchain, enabling lightning-fast transactions at incredibly low fees.
The total supply amounts to 1 billion melania tokens. Of these, 15% has been reserved for public distribution, 35% is dedicated to team acquisition and the rest is divided between liquidity, treasury and community initiatives.
A notable feature of the project is its transparent acquisition process for the team. It starts with a 30-day lock-in period, followed by a gradual, linear release of tokens over the course of a year – keeping things fair and above board.
Melania Coin Price History
So far, the price history of Melania Coin (Melania) is quite short. On the very first day after its launch on January 19, the token reached a high of $13.73, according to Coinmarketcap. However, by evening the price had dropped to around $7.50.
Later that night and into the early hours of January 20, the day of Donald Trump’s inauguration, it topped out above $12, but then dropped to around $3.5.
In the following days, the price continued to fall. By January 24, Melania Meme Coin had fallen to around $2.7, with a market cap of around $460 million.
Risks and future trends
According to a report From the blockchain, a handful of “whales” control a large portion of the coins and Trump. While many small investors are on board, around 50 portfolios have earned more than $10 million each.
Most Trump or Melania holders invested modest amounts – usually less than $100. However, a few massive wallets are sitting on hundreds of hundreds of millions of dollars worth of these coins. It is quite alarming how much power whale investors have throughout the market.
Additionally, Melania Meme Coin saw its price drop as the initial excitement began to fade. Can this coin rise again or is it heading towards irrelevance? Only time will tell.
FAQs
How many melania coins are there?
The total supply amounts to 1 billion melania tokens, divided as follows: 15% for public distribution, 35% for team acquisition and the rest spread across liquidity, treasury and initiatives supporting the community.
Is Melania Coin secure?
Melania Coin is the official Meme token that was personally announced by Melania Trump through her verified account on X. What sets this project apart from unofficial tokens is its clear ownership structure and a dedicated development team .
Additionally, the Token Distribution and project roadmap are publicly available on the official website, ensuring transparency and accessibility for all potential investors and supporters.
What makes a Melania coin unique?
What sets Melania apart is her strong ties to the political arena and the support she receives from prominent figures in the cryptocurrency space. The way traditional politics and digital currency mix in this project creates a fascinating opportunity for them to interact like never before.