- MELANIA reached $13 with a $2B market cap before declining 40%, trading at $8.49.
- TRUMP’s trading volume increased 300% to $43B amid $MELANIA’s launch, surpassing XRP and SOL volumes.
- MELANIA’s tokenomics include a 30-day team lock-up, contrasting TRUMP’s three-year lock-up period.
Melania Trump, the First Lady of the United States, launched her MELANIA meme coin, which surged to $13 within hours of its release. The coin achieved a $2 billion market capitalization shortly after its launch. This event occurred less than 48 hours after President-elect Donald Trump introduced his own TRUMP meme coin. The launch of $MELANIA has caused notable shifts in the cryptocurrency market, drawing attention to its rapid rise and subsequent volatility.
Market Impact of MELANIA and TRUMP Coins
The release of MELANIA led to a sharp increase in trading activity for meme coins, with TRUMP’s daily trading volume rising by 300% to $43 billion. This figure surpasses daily trading volumes of established altcoins, including XRP and SOL.
Amid these market shifts, MELANIA was quickly listed on major cryptocurrency exchanges such as MEXC, BingX, Gate, and Bitget. However, the surge in MELANIA coincided with sell pressure on TRUMP, highlighting rapid capital rotation between the two assets.
Volatility in $MELANIA’s Price
Within hours of its launch, MELANIA reached a peak price of $13 but subsequently declined by 40%, trading at $8.49 at the time of reporting. The sudden rise and fall of MELANIA, coupled with ongoing fluctuations in TRUMP’s value, demonstrate the inherent volatility in meme coins.
These movements have attracted attention from both high-profile investors and retail traders. The MELANIA token operates under a distinct economic model, allocating 35% to the team, 20% each to the treasury and community, 15% for public offering, and 10% for liquidity.
The team’s share has a 30-day lock-up period, contrasting with TRUMP’s three-year lock-up. Additionally, the development timeline revealed that the MELANIA website was created on January 18, and the coin was launched just 31 hours later.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.