Melania Trump Drops Her Own Meme Coin Just After Trump’s Hit Billions – And Likewise Hits Billions

Phillip NietoJan 19th, 2025, 11:03 pm
 

Returning First Lady Melania Trump on Sunday released her own so-called meme coin $MELANIA just days after President-elect Donald Trump released his own cryptocurrency, which quickly reached an estimated value in the tens of billions on paper.

Melania’s coin likewise skyrocketed immediately after it came out, just hours ahead of Trump’s swearing-in ceremony as the 47TH president. The “meme coin” is called $MELANIA and is described on the official website as “fungible crypto assets created and tracked on the Solana blockchain.”

Moreover, the team is setting aside 35% of the tokens for themselves and the rest of the tokens will not unlocked for another 13 months, according to Axios.

Axios also notes:

More than 22,000 wallets held it early Sunday evening, shortly after launch, according to Solscan, a site for checking the details of assets on the Solana blockchain.

The release occurs just days after Trump released his own coin that generated tens of billions over night. However, Trump’s coin fell by 36% after Melania’s coin debuted — dropping from $72 to $45 at the time of publication.

Melania Trump’s official X account announced her new offering on Sunday evening.

Melania’s token is being offered by a company associated with the incoming first lady called MKT World.

Meanwhile, the president-elect advertised is wife’s new coin by telling his followers on Truth Social the following: My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW

More recently, Trump has taken a friendlier stance with cryptocurrency after becoming the first presidential candidate to accept digital assets as donations.

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