{"id":35301,"date":"2025-01-21T21:00:08","date_gmt":"2025-01-21T18:00:08","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=35301"},"modified":"2025-01-21T17:31:45","modified_gmt":"2025-01-21T14:31:45","slug":"what-is-official-melania-meme-melania","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/what-is-official-melania-meme-melania\/","title":{"rendered":"What is Official Melania Meme (MELANIA)?"},"content":{"rendered":"<p>The incoming U.S. First Lady, <strong>Melania Trump<\/strong>, launched the <strong>Melania Meme Coin<\/strong> (<strong>$MELANIA<\/strong>) on the <strong>Solana blockchain platform<\/strong>. This development caused a significant drop in the price of the <strong>Trump Meme Coin<\/strong> (<strong>$TRUMP<\/strong>), launched two days earlier by her husband, <strong>Donald Trump<\/strong>, and raised concerns among crypto executives regarding the potential harm meme coins might pose to the market.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/what-is-official-melania-meme-melania\/#Highlights_of_MELANIA_Coin\" title=\"Highlights of MELANIA Coin\">Highlights of MELANIA Coin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/what-is-official-melania-meme-melania\/#What_is_the_Purpose_of_MELANIA\" title=\"What is the Purpose of MELANIA?\">What is the Purpose of MELANIA?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/what-is-official-melania-meme-melania\/#Impact_on_TRUMP_Coin\" title=\"Impact on TRUMP Coin\">Impact on TRUMP Coin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinengineer.net\/blog\/what-is-official-melania-meme-melania\/#What_Do_We_Know_About_TRUMP\" title=\"What Do We Know About TRUMP?\">What Do We Know About TRUMP?<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Highlights_of_MELANIA_Coin\"><\/span>Highlights of MELANIA Coin<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>$MELANIA<\/strong> was announced by Melania Trump\u2019s team on Sunday, along with a link to a website where the coins could be purchased. As of Monday morning, <strong>$MELANIA<\/strong> was trading at approximately <strong>$11.22<\/strong>, with a market cap of <strong>$2.15 billion<\/strong>. This valuation places the coin among the top 60 most valuable cryptocurrencies globally.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.kym-cdn.com\/photos\/images\/newsfeed\/002\/991\/642\/e52.png\" alt=\"melania\" width=\"716\" height=\"956\" \/><\/p>\n<hr \/>\n<p><strong><em>You Might Be Interested In: <a href=\"https:\/\/coinengineer.net\/blog\/elon-musk-shared-that-memecoin-flew-up-500\/\">Elon Musk Shared, That Memecoin Flew: Up 500%!<\/a><\/em><\/strong><\/p>\n<hr \/>\n<p>The coin is distributed on the <strong>Solana blockchain<\/strong> by <strong>MKT World<\/strong>, a Florida-based company incorporated by Melania Trump in 2021. While details about the project are limited, the website states that <strong>35% of the supply<\/strong> has been allocated to the team and will remain locked for the first 30 days.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_is_the_Purpose_of_MELANIA\"><\/span>What is the Purpose of MELANIA?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The purchase link shared by Melania Trump includes a disclaimer, stating that the coin is a <strong>\u201cdigital collectible intended to function as an expression of support for and engagement with the values represented by Melania and the associated artwork.\u201d<\/strong> The statement also clarifies that the coin is not intended as an <strong>investment opportunity<\/strong> or <strong>security<\/strong> of any type.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/imageio.forbes.com\/specials-images\/imageserve\/678e319140946f65f58475bb\/Melania-Trump-Memecoin-Photo-Illustrations\/0x0.jpg?format=jpg&amp;crop=4982,2800,x0,y0,safe&amp;width=1440\" alt=\"melania\" width=\"1440\" height=\"809\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Impact_on_TRUMP_Coin\"><\/span>Impact on TRUMP Coin<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Following the launch of <strong>$MELANIA<\/strong>, the price of the <strong>$TRUMP Coin<\/strong>, launched by Donald Trump last Friday, dropped nearly <strong>40%<\/strong> to around <strong>$35<\/strong>. On Sunday, <strong>$TRUMP<\/strong> had peaked at a market cap of <strong>$15 billion<\/strong>, but this value fell below <strong>$8 billion<\/strong> after <strong>$MELANIA<\/strong> was launched. However, the cryptocurrency managed to recover early Monday after Robinhood announced that <strong>$TRUMP<\/strong> was \u201cnow available for trading\u201d on its platform. As of Monday morning, <strong>$TRUMP<\/strong> was trading at <strong>$53.12<\/strong>, giving it a market cap of <strong>$10.62 billion<\/strong> and placing it as the <strong>18th most valuable crypto<\/strong> by market cap.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-01\/019482f9-92f6-78ad-aa4a-3650c9a28d89\" alt=\"solana\" width=\"1200\" height=\"800\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Do_We_Know_About_TRUMP\"><\/span>What Do We Know About TRUMP?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Donald Trump announced his meme coin\u2019s launch in a <strong>Truth Social<\/strong> post on Friday night, stating: <strong>\u201cMy NEW Official Trump Meme is HERE! It\u2019s time to celebrate everything we stand for: WINNING!\u201d<\/strong> The coin\u2019s price surged overnight, more than tripling by Saturday morning, and briefly surpassed <strong>$75<\/strong> early Sunday. The project\u2019s website notes that <strong>200 million tokens<\/strong> were initially released, with the total supply expected to gradually grow to <strong>1 billion<\/strong> over the next three years. The remaining <strong>800 million tokens<\/strong> are currently held by Trump Organization affiliates <strong>CIC Digital LLC<\/strong> and <strong>Fight Fight Fight LLC<\/strong>, which was incorporated in Delaware on January 7.<\/p>\n<p>As of Monday morning, a total of <strong>450,653<\/strong> crypto wallets were reported to hold <strong>$MELANIA<\/strong>, according to the Solscan tracker.<\/p>\n<hr \/>\n<p><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The incoming U.S. First Lady, Melania Trump, launched the Melania Meme Coin ($MELANIA) on the Solana blockchain platform. This development caused a significant drop in the price of the Trump Meme Coin ($TRUMP), launched two days earlier by her husband, Donald Trump, and raised concerns among crypto executives regarding the potential harm meme coins might<\/p>\n","protected":false},"author":28,"featured_media":35316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,657,5],"tags":[192,5384,58,1730,11130,11132,2191,2946,319,11147,3310],"class_list":["post-35301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-projects","category-en","category-project-review","tag-blockchain","tag-crypto-investment","tag-cryptocurrency","tag-donald-trump","tag-melania","tag-melania-trump","tag-meme-coin","tag-robinhood","tag-solana","tag-token-supply","tag-trump"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Official Melania Meme (MELANIA)? - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/what-is-official-melania-meme-melania\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is Official Melania Meme (MELANIA)? - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"The incoming U.S. First Lady, Melania Trump, launched the Melania Meme Coin ($MELANIA) on the Solana blockchain platform. 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