Melania Meme Coin where to buy?
Jan 20, 2025
Melania Trump Coin (MELANIA) is a personal Meme coin launched by First Lady Melania Trump of the United States, officially released on January 19, 2025. This cryptocurrency quickly gained widespread attention and discussion in the market after its husband Donald Trump launched the TRUMP coin. The launch of MELANIA coin not only marks the Trump family's further involvement in the cryptocurrency field.
Melania Meme Coin where to buy?
You can directly go to the official website https://melaniameme.com/ Make a purchase.
Issuance details and circulation mechanism
Supply: According to official information, the total quantity of MELANIA is 1 billion pieces, of which 35% are allocated to team shares, 20% are allocated as treasury funds, 20% are allocated to communities, 15% are used for public offerings, and 10% are reserved for liquidity support. It is worth noting that the tokens held by the team will start unlocking in one month and will be fully unlocked within the next 13 months.
Acquisition method: Users can purchase MELANIA coins through specific websites. Melania announced the news on her social media account, which was later reposted and promoted by Trump himself, greatly increasing the market's attention.
Price fluctuations: After the launch of MELANIA coin, its market value once exceeded 13 billion US dollars, but with changes in market sentiment, the price experienced significant fluctuations. Especially in the case of TRUMP coin falling due to the launch of MELANIA, it shows that there may be a certain correlation between the two.
Market impact and response
Vampire effect: The launch of MELANIA coin has attracted a large influx of funds, causing other cryptocurrencies to suffer significant losses, especially those based on Solana network assets. For example, within a few hours after the release of MELANIA, the Solana network experienced congestion and even downtime due to a surge in trading volume, forcing many investors to increase gas fees to ensure smooth transaction completion.
Market value changes: Despite the initial surge in market value, MELANIA's market value has undergone multiple adjustments over time. Some analysts point out that this rapid rise followed by a pullback is in line with typical Meme coin characteristics, which are initially driven by FOMO (Fear Of Missing Out) sentiment and later return to rational evaluation14.
The phenomenon of liquidation: The severe fluctuations in the cryptocurrency market have led to large-scale contract liquidation events. In the past 12 hours, the total amount of contract liquidation on the entire network exceeded 710 million US dollars, with multiple liquidation accounting for the vast majority.
Social and Industry Reviews
Positive review: Some believe that Melania's launch of her own Meme coin is an innovative attempt that showcases the broad appeal and support of cryptocurrency as an emerging asset class. In addition, this may also encourage more women to participate in the blockchain industry.
Negative criticism: However, more people expressed concerns. Firstly, there are doubts about the team unlocking rules, as the data provided on the official website seems inconsistent, which increases the uncertainty of the project. Secondly, some people question whether such a large amount of internal holdings will lead to unfair distribution of benefits. Finally, considering Melania's status, such behavior may raise concerns about conflicts of interest.
Policy discussion: Given the Trump family's continuous issuance of coins, relevant parties have begun to explore potential legal and ethical issues. For example, according to the Salary Clause of the US Constitution, the President may not obtain personal benefits from foreign governments. Therefore, issuing tokens before officially assuming the presidency may be to avoid the risk of violating this provision.
Long term outlook and potential impacts
Wealth effect: The success of MELANIA coin has also brought significant wealth effects, attracting a large number of new users to enter the cryptocurrency market. Especially for Solana Chain, this incident has brought unprecedented attention and development opportunities, further consolidating its position as a popular public chain.
Industry transformation: This event is considered an important opportunity for DEX (decentralized exchange) to challenge CEX (centralized exchange). The explosive trading volume of MELANIA coin demonstrates the advantage of DEX over CEX, especially when dealing with large-scale token issuances.
Regulatory outlook: Although MELANIA coin declares itself not as an investment tool or security, it will inevitably receive attention from regulatory authorities. How to balance innovation and compliance in the future will be one of the key issues facing this industry. In addition, considering Melania's status as a public figure, her actions may also prompt relevant departments to strengthen scrutiny of celebrities' involvement in cryptocurrency activities.
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