Melania Trump’s meme token

Representatives of Melania Trump’s team announced the launch of the MELANIA meme-token tonight. They published the address of the official project page along with the address of the token contract needed to purchase it.

Melania Trump’s tweet about the launch of the MELANIA meme token

Here’s a quote from the tweet.

Melania’s official meme token has been launched. You can buy the $MELANIA token now.

Similar to the TRUMP coin, the meme token of Donald Trump’s wife has been launched on the Solana network. Accordingly, representatives of the presidential family essentially confirm the ability of this project to cope with the influx of new users and show it in practice.

However, the timing for the launch of MELANIA was not the best. Firstly, over the weekend, Donald Trump’s meme token caused a large-scale liquidity outflow from other assets, whose owners got rid of other coins for the sake of buying TRUMP. Secondly, as a result, the token of the newly elected president reached its peak and went into decline, which had an even greater impact on the overall market situation.

Here’s a comment from representatives of the Kobeissi Letter project on the situation, as quoted by Decrypt.

Donald Trump’s meme token $TRUMP collapses… while Melania Trump launches her own meme. This is absolute madness.

What’s happening has caused chaos on the Solana network. Still some investors tried to buy Melania’s token, counting on the growth of the asset, while others sold Donald Trump’s coin, thus locking in the remaining profits.

Because of this, the most popular Solana wallet Phantom faced an overload. Here’s a quote from project representatives.

At the moment we are facing a huge load – more than 8 million requests per minute. While we are working to stabilise the platform, transactions may not go through on the first attempt.

😈 MORE INTERESTING STUFF CAN BE FOUND IN OUR YANDEX.ZEN!

Melania Trump’s MELANIA meme token website

The comment on the influx of new users was voiced by Helius Labs head Mert Mumtaz. He noted that the problem affects certain applications and not the network as a whole.

Blocks continue to be created and the network works. Some apps don’t change commissions automatically, but the median commission has increased. In general, the logic of some applications is just awful: they request more than 20 times more computing units than are actually used.

A few hours later, Phantom representatives confirmed the normalisation of the situation.

Transactions are now much more stable and all systems should be running normally. Despite the difficulties, our users have exchanged over $1.25 billion today and conducted 10 million transactions.

We apologise for the issues and thank everyone for their patience while we make the necessary improvements to work more efficiently under high load.

Reaction to Trump’s wife’s meme token launch

The launch of Melania Trump’s token was received with criticism by crypto investors. It was considered at least unnecessary – especially given the noticeable drawdown of the TRUMP token the day before.

For example, the author of the well-known channel with cryptocurrency investigations Coffeezilla emphasised the distribution of Donald Trump’s token. Recall, 80 per cent of $TRUMP will go to the developers of the project and the newly elected president – though in time.

Vesting 80 percent of the token to insiders during a presidential term… “should” be a crime. However, it seems that crimes are now legal?

US President Donald Trump

Coinbase’s head of business operations Conor Grogan shared his opinion on Melania Trump’s cryptoasset. It turned out to be negative.

This token was managed by a less professional team. The creator’s wallet was funded via the Solana-based meme token longpad.

The head of Custodia Bank, Caitlin Long, saw the situation as positive. Still, given what’s going on, US investors are sure to get a welcome change in crypto regulation.

Well, one of the side effects of meme tokens is that Trump now has a real incentive to change the taxation of cryptocurrencies in the US.

ZeroLend co-founder Ghafoor Khan saw the recent events as proof of the immaturity of the crypto industry.

It’s not about popularising cryptocurrencies. It’s not about education. It’s not about how we build a better future. We need to do more and better.

MELANIA cryptocurrency rate and performance from Trump’s wife

Today, the meme token MELANIA is at the top of trends on the Coingecko platform.

Coingecko cryptocurrency platform trends

Over the day, its value increased by 42 percent, with the market capitalisation of the asset exceeding the level of $1.5 billion. That is, the scale of growth along the lines of the TRUMP token is not even close.

Melania Trump’s MELANIA meme token price indicators

As noted on the project’s website, the asset is intended solely for collecting and entertainment. Accordingly, MELANIA is not positioned as a financial instrument or investment.

Melania Trump’s team will receive 35 per cent of the total token offering. The distribution period for the new coins will be 13 months, but they will be launched after only 30 days.

Melania Trump’s MELANIA meme token distribution

The public distribution accounts for only 15 per cent of the coins in circulation. Accordingly, the creators of the project will earn on it much faster than the developers of TRUMP. Perhaps, this fact also influenced MELANIA’s not the best performance.


As a result, the launch of Melania Trump's meme token seemed like overkill for many crypto lovers. However, the fun and excitement after the launch of Donald's asset came to an end, against which the MELANIA token showed insignificant growth. Well, the approach to what is happening is more like a desire to make money rather than to promote the crypto sphere.
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