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The First Lady Melania Trump released her meme coin on January 19th, 2025, two days after Donald Trump released $TRUMP. 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":https://knowyourmeme.com/memes/subcultures/donald-trump-meme-coin-trump plummeting in value correspondingly. Both Donald Trump and Melania Trump were accused of facilitating "rug pulls":https://knowyourmeme.com/memes/rug-pull-slang after internet users realized that 90% of the $MELANIA token supply was held in a single crypto wallet, contrary to the numbers put out on Melania Trump's website.

False token distribution numbers on Melania Trump's meme coin website


Uploaded by sakshi Jan 20, 2025 at 07:58AM EST

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Origin Entry: Melania Trump Meme Coin ($MELANIA)

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An image from Reddit showing users on the platform discussing the dip in the value of "Donald Trump's meme coin":https://knowyourmeme.com/memes/subcultures/donald-trump-meme-coin-trump shortly after Melania Trump released her own, causing the former to plummet in price.
The First Lady Melania Trump released her meme coin on January 19th, 2025, two days after Donald Trump released $TRUMP. 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":https://knowyourmeme.com/memes/subcultures/donald-trump-meme-coin-trump plummeting in value correspondingly. Both Donald Trump and Melania Trump were accused of facilitating "rug pulls":https://knowyourmeme.com/memes/rug-pull-slang after internet users realized that 90% of the $MELANIA token supply was held in a single crypto wallet, contrary to the numbers put out on Melania Trump's website.
The First Lady Melania Trump released her meme coin on January 19th, 2025, two days after Donald Trump released $TRUMP. 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":https://knowyourmeme.com/memes/subcultures/donald-trump-meme-coin-trump plummeting in value correspondingly. Both Donald Trump and Melania Trump were accused of facilitating "rug pulls":https://knowyourmeme.com/memes/rug-pull-slang after internet users realized that 90% of the $MELANIA token supply was held in a single crypto wallet, contrary to the numbers put out on Melania Trump's website.
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Uploaded Jan 20, 2025 at 07:58AM EST

Origin Entry

Melania Trump Meme Coin ($MELANIA)

Source

Melaniameme

Tags

trump meme coin, $trump, melania coin, melania meme coin, crypto, rug pull, trump presidency

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