Just two days before his inauguration, newly elected U.S. president Donald Trump launched his meme coin, $TRUMP, which shot into the top 20 cryptocurrencies by market cap within 24 hours.
Not to be outdone, the very next day, his wife Melania announced the launch of her own meme coin, $MELANIA.
What is Melania coin (MELANIA), how does it work, and what are its prospects in the crypto market?
What is Melania Coin?
Melania coin is a meme token built on the Solana blockchain. The official website makes it clear that the coin is all about fun and collecting—it’s not intended as a financial tool or investment.
What makes the project stand out is its deep connection to the political world and backing from influential figures in the crypto space. This unique mix of traditional politics and cryptocurrency has created a fascinating precedent for how these two worlds can collide.
The Melania coin cryptocurrency officially launched on January 19, 2025, with the former First Lady announcing the news on her official X account.
“The Official Melania Meme is live! You can buy $MELANIA now,” she told her followers.
Not to be outshined, her husband, newly elected President Donald Trump, quickly reposted her announcement to his massive audience, which contributed to the popularity of MELANIA.
How does Melania coin work?
As we’ve already pointed out, Melania coin cryptocurrency runs on the ultra-fast, energy-efficient Solana blockchain, which allows for lightning-quick transactions at incredibly low fees.
The total supply amounts to 1 billion MELANIA tokens. Out of these, 15% has been set aside for public distribution, 35% is dedicated to team vesting, and the rest is split between liquidity, the treasury, and community initiatives.
One standout feature of the project is its transparent vesting process for the team. It starts with a 30-day lockup period, followed by a gradual, linear release of tokens over the span of a year — keeping things fair and above board.
Melania coin price history
So far, the price history of Melania coin (MELANIA) is pretty short. On the very first day after its launch on January 19, the token reached an all-time high of $13.73, according to CoinMarketCap. However, by the evening, the price had dropped to around $7.5.
Later that night and into the early hours of January 20, the day of Donald Trump’s inauguration, it surged back above $12, but then it plummeted rapidly to about $3.5.
In the following days, the price continued to decline. By January 24, Melania meme coin had fallen to approximately $2.7, with a market cap of about $460 million.
Risks and future trends
According to a report from Chainalysis, a handful of “whales” control much of the MELANIA and TRUMP coins. While many small investors are getting onboard, about 50 wallets have made over $10 million each.
Most holders of TRUMP or MELANIA have invested modest amounts — typically under $100. However, a few massive wallets are sitting on hundreds hundreds of millions of dollars’ worth of these coins. It’s pretty alarming just how much power the whale investors have over the whole market.
Plus, Melania meme coin has seen its price plummet as the initial excitement has begun to fade. Can this coin rise again, or is it headed towards irrelevance? Only time will tell.
FAQs
How many Melania coins are there?
The total supply amounts to 1 billion MELANIA tokens, divided as follows: 15% for public distribution, 35% for team vesting, and the rest spread across liquidity, the treasury, and initiatives supporting the community.
Is Melania Coin secure?
Melania coin is the official meme token that was personally announced by Melania Trump through her verified account on X. What sets this project apart from unofficial tokens is its clear ownership structure and a dedicated development team.
Additionally, the token distribution and project roadmap are publicly available on the official website, ensuring transparency and accessibility for all potential investors and supporters.
What makes a Melania Coin unique?
What sets MELANIA apart is its strong ties to the political arena and the support it receives from prominent figures in the cryptocurrency space. The way traditional politics and digital currency are mixing in this project creates a fascinating opportunity for them to interact like never before.
