Just two days before taking office, the newly elected US President Donald Trump launched a Mome Coin $ Trump, which collided with the top 20 cryptocurrencies within 24 hours of market capitalization.
The next day, his wife, Melania, announced his Melania, the release of $ Melania.
What is Melania Coin (Melania), how does it work and what is the Crypto Market outlook?
What is Melania Coin?
Melania coin is a Meme token built on the Solana blockchain. The official website clarifies that coins are all about fun and collection. It is not intended as a financial tool or investment.
The prominent project is the support from deep connections to the political world and the influential encryption space. This unique combination of traditional politics and cryptocurrency has created an attractive precedent for how these two worlds collide.
Melania Coin Cryptocurrency was officially released on January 19, 2025, and former First Lady announced news on her official X account.
“The official Melania Meam is live! You can now buy $ melania,” she told her followers.
Her husband, President Donald Trump, was newly selected, and immediately posted her presentation to his large audience, who contributed to Melania's popularity.
How does Melania coin work?
As we have already pointed out, Melania coin cryptocurrency is executed in a very fast and high -energy Solana blockchain.
The total amount is 1 billion Melania tokens. Of these, 15 % are secured for public distribution, 35 % are divided into team rights, and the rest are divided into fluid, the Ministry of Finance, and the community initiative.
One of the outstanding functions of the project is the transparent right process of the team. Starting with a 30 -day lockup period, tokens are gradually released for one year, and things are fair and beyond the board.
Melania coin price history
So far, the price history of Melania Coin (Melania) is quite short. According to CoinmarketCap, the token reached the highest ever $ 13.73 in history on the first day of the release on January 19. However, by the evening, the price dropped to about $ 7.5.
Late that night, early on January 20, the day of the inauguration ceremony of Donald Trump, it surged over 12 dollars, but then rapidly dropped to about $ 3.5.
The next day, the price continued to decline. By January 24, Melania Meme Coin had decreased to about $ 2.7, and the market capitalization was about $ 460 million.
Risks and future trends
According to CHAINALYSIS reports, a handful of “whales” control many of Melania and Trump coins. Many small investors are on board, but about 50 wallets have exceeded $ 10 million.
Most owners in Trump or Melania invest a modest amount -usually less than $ 100. However, some giant wallets are sitting hundreds of millions of dollars of these coins, hundreds of millions. We are quite vigilant about how much power of whales have throughout the market.
In addition, the price of Melania Meme Coin has plummeted as the first excitement has begun to decline. Can this coin rise again, or is it irrelevant? You can only know the time.
FAQ
How many coins are Melania?
The total supply is 1 billion Melania token, which is divided as follows. In public distributions, 15 %, team rights are 35 %, the rest is fluidity, the Ministry of Finance, and the initiative to support the community.
Is Melania coin safe?
Melania Coin is an official meseme token that Melania Trump verified by X through an account. It is the clear ownership structure and dedicated development team that distinguishes this project from unofficial tokens.
In addition, the distribution of tokens and the project roadmaps are published on the official website to ensure the transparency and accessibility of all potential investors and supporters.
What is the unique Melania coin?
Melania stands out is a strong relationship with the political stage and a support from prominent people in the cryptocurrency space. The method of mixing traditional politics and digital currencies in this project creates an attractive opportunity to interact as never before.