Melania releases own meme coin after Trump’s new cryptocurrency reaches staggering value
Donald Trump’s cryptocurrency meme coin had soared in value, but suddenly suffered a sharp drop after his wife Melania Trump launched her own coin.
The former first lady announced her crypto token on Truth Social and CoinMarketCap.
Despite this, Trump reposted both of Melania’s announcements on his social media pages.
$MELANIA, like $TRUMP, is hosted on the Solana blockchain and can be purchased for around $0.09. Her token is much smaller than her husband’s, with a market cap of almost $4.5 million versus Trump’s $8.5 billion.
Shortly after the president-elect announced his meme coin via Truth Social on Friday, his supporters boosted it to a market cap of $13.3 billion.
Most people’s reaction to the launch of Melania’s meme was one of complete shock.
“This is beyond insane,” analysts at The Kobeissi Letter reported to In the minutes surrounding the launch of Melania Trump’s token, we saw massive sell orders in $trump.”
“It looks like crypto is becoming a family business,” wrote prolific X-influencer Mario Nawfal.
Within days of each other, President-elect Donald Trump and his wife Melania launched their own cryptocurrency meme coins
![Melania releases own meme coin after Trump's new cryptocurrency reaches staggering value 1 Melania's official announcement came at 4:10 p.m. The post had the unintended consequence of causing her husband's coin to depreciate in value](https://nybreaking.com/wp-content/uploads/2025/01/1737332912_721_Melania-releases-own-meme-coin-after-Trumps-new-cryptocurrency-reaches.jpeg)
Melania’s official announcement came at 4:10 p.m. The post had the unintended consequence of causing her husband’s coin to depreciate in value
Meme coins are generally considered incredibly risky investments, as they are prone to insider trading and extreme volatility.
There are thousands of them available for purchase through many different platforms, but the most recent meme coin to receive negative media attention was Haliey Welch’s.
Welch, better known as the “Hawk Tuah Girl,” launched $HAWK on December 4 with the help of a shady foundation.
The token fell by more than 90 percent just hours after reaching a market capitalization of $490 million, leading to accusations of fraud from the crypto community and a lawsuit against the coin’s creators.
According to Melania’s meme website, 35 percent of the tokens were distributed for team vesting, 20 percent went to the team’s treasury and community, and 10 percent went to liquidity.
According to the website, only 15 percent of the tokens are for sale to the general public.
According to figures, more than 147,000 crypto wallets have shares in $MELANIA DEXScreener facts. Four wallets hold 85 percent of the token.
A disclaimer on the website states that Melania’s meme coin “is intended to function as an expression of support for and commitment to the values embodied by the symbol MELANIA.”
The coin is “not intended as or the subject of any investment opportunity, investment contract or security of any kind,” the website said.
![Melania releases own meme coin after Trump's new cryptocurrency reaches staggering value 2 Pictured: Trump's official announcement of his meme coin, which now has a market cap of billions](https://nybreaking.com/wp-content/uploads/2025/01/1737332914_974_Melania-releases-own-meme-coin-after-Trumps-new-cryptocurrency-reaches.jpeg)
Pictured: Trump’s official announcement of his meme coin, which now has a market cap of billions
![Melania releases own meme coin after Trump's new cryptocurrency reaches staggering value 3 Token's artwork was inspired by an image of Trump in the moments following an assassination attempt at a campaign rally in Butler, Pennsylvania, on July 13, 2024, when he defiantly threw his hand in the air to show he was unharmed.](https://nybreaking.com/wp-content/uploads/2025/01/1737332915_617_Melania-releases-own-meme-coin-after-Trumps-new-cryptocurrency-reaches.jpeg)
Token’s artwork was inspired by an image of Trump in the moments following an assassination attempt at a campaign rally in Butler, Pennsylvania, on July 13, 2024, when he defiantly threw his hand in the air to show he was unharmed.
Similar disclaimers are present on Trump’s meme coin website, which are almost certainly an attempt to avoid an enforcement action from the Securities and Exchange Commission.
Trump’s meme coin announcement featured an artistic rendering of the coin, which showed Trump pumping his right fist in the air with the slogan “Fight, fight, fight.”
‘My new official Trump meme is here! It’s time to celebrate everything we stand for: winning!’ wrote the president-elect. “Join my very special Trump community. Get your $Trump now. Go to — Have fun!’
It shows an image of the president-elect in the moments after an assassination attempt at a campaign rally in Butler, Pennsylvania, on July 13, 2024, when he defiantly threw his hand in the air to show he was unharmed.
Both Melania and Trump’s coins are fungible tokens, meaning each token is identical and interchangeable with each other. Government-issued currencies such as the US dollar are also considered fungible.
Trump has also sold non-fungible tokens, known as NFTs, in the past. They were billed as digital trading cards featuring him in various heroic settings.
The joint announcements came as Trump is set to be inaugurated as the next president on Monday after defeating Vice President Kamala Harris in the November election.
Trump has already announced that he will sign a series of executive orders on the first day of his second presidency, the most anticipated of which is his decree to save TikTok after it was briefly banned in the US on Saturday.