Melania Meme Coin
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About
Melania Meme Coin also known as MELANIA MEME or $MELANIA is a cryptocurrency launched on the Solana blockchain by First Lady Melania Trump, wife of President Donald Trump, on January 19th, 2025. The coin reached a market capitalization of $4 billion shortly after release, attracting nearly 20,000 investors in the first hour. The token's price increased by 12,000% in the first 24 hours of its launch, with Donald Trump's meme coin plummeting in value correspondingly. Both Donald Trump and Melania Trump were accused of facilitating rug pulls after internet users realized that 89% of the $MELANIA token supply was held in a single crypto wallet, contrary to the token distribution numbers put out on Melania Trump's website.
History
On January 19th, 2025, Twitter / X[1] user @MELANIATRUMP made a post promoting her "meme coin," two days after Donald Trump launched $TRUMP. The tweet read, "The Official Melania Meme is live! You can buy $MELANIA now." The tweet also linked to an official website for the coin.[2] Donald Trump retweeted the post on the same day.
Melania Trump's meme coin website claims that the token distribution allotted 35% to the team, 20% to the treasury and community, 15% to the public, and 10% to liquidity.[2] These numbers were, however, contested by blockchain factcheckers.
Market Performance
According to CoinMarketCap,[3] $MELANIA's price escalated from approximately $0.004 to $0.81 shortly after release, marking an increase of over 20,000%. The coin recorded a 24-hour trading volume of approximately $5.21 billion.
According to Cointelegraph, the intellectual property rights to the website “melaniameme.com,” which supported the launch of MELANIA, are held by MKT World, a company set up by Mrs. Trump in 2021 that shares a business address with the Trump International Golf Club.[5]
Developments
On January 19th, X[4] user @bubblemaps tweeted, "JUST IN: 🇺🇸 The bubble map of $MELANIA does NOT match the distribution on their website," gathering over 6,000 likes in a day.
Donald Trump's meme coin saw a corresponding crash soon after Melania Trump released her meme coin, with X[6] user @Ashcryptoreal reporting on the sudden drop in value on January 19th, 2025.
Search Interest
External References
[1] Twitter / X – MELANIATRUMP
[3] CoinMarketCap – Melania Meme
[4] Twitter / X – bubblemaps
[5] Cointelegraph – Melania Meme Coin
[6] Twitter / X – Ashcryptoreal
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