Melania Trump Meme Coin ($MELANIA)
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About
Melania Trump Meme Coin, also known as MELANIA MEME or $MELANIA, is a cryptocurrency and meme coin 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 percent in the first 24 hours of its launch, with Donald Trump's meme coin plummeting in value correspondingly. Both Donald and Melania Trump were accused of facilitating rug pulls after internet users claimed that 89 percent 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. Similar to her husband's meme coin, $MELANIA quickly sparked widespread media coverage, discourse and memes online in late January 2025.
History
On January 19th, 2025, Twitter / X[1] user @MELANIATRUMP (the official account of Melania Trump) made a post promoting her "meme coin," two days after her husband Donald Trump launched $TRUMP, his own Solana-based token. 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 notably retweeted the post on the same day.
Melania Trump's meme coin site claims that the token distribution allotted 35 percent to the team, 20 percent to the treasury and community, 15 percent to the public and 10 percent to liquidity.[2] These numbers were, however, contested by blockchain fact-checkers shortly after.
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 percent. The coin recorded a 24-hour trading volume of approximately $5.21 billion.
According to Cointelegraph,[5] 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.
Online Presence
On January 19th, 2025, 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.
Numerous threads appeared on Reddit discussing various developments of the $MELANIA meme coin, including a post on January 19th to the subreddit /r/economicCollapse[7] that received over 3,200 upvotes and 1,100 comments in two days.
Also on January 19th, a post to the /r/LeopardsAteMyFace[8] subreddit showing a screenshot of Redditors discussing the drop in $TRUMP value received over 15,000 upvotes and 1,300 comments in a similar timeframe.
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
[7] Reddit – /r/economicCollapse
[8] Reddit – /r/LeopardsAteMyFace
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Top Comments
Nitpicker
Jan 20, 2025 at 08:54AM EST
Ten Shadows
Jan 20, 2025 at 09:35AM EST