1. What is MELANIA?
MELANIA is a memecoin launched by Melania Trump, the First Lady of the United States, on the Solana network. On January 20th, Melania Trump announced the launch of this memecoin on her personal X account.
The launch of MELANIA came shortly after President Donald Trump introduced the TRUMP token—a memecoin that achieved a market capitalization of tens of billions of dollars within just two days—before his official inauguration.
According to the official website, MELANIA is not intended to be an investment opportunity, nor is it designed to serve as a security, investment contract, or financial instrument. Instead, it is introduced as a collectible product unrelated to any political campaigns or government agencies.
The crypto community predicts that other members of the Trump family may launch their own tokens in the near future.
Shortly after its release, MELANIA reached a market capitalization of $13 billion and was listed on major exchanges such as Bitget, Gate, Binance Futures, and others within less than a day.
Related: What is TRUMP Memecoin? Information about TRUMP Token
2. Controversies Surrounding MELANIA
Despite understanding the tight timeline faced by the Trump family with the inauguration approaching, the consecutive launch of two memecoins, TRUMP and MELANIA, within just three days sparked dissatisfaction in the crypto community.
Specifically, TRUMP received widespread praise for its launch on the Solana blockchain, which not only fueled its rapid growth but also significantly contributed to Solana’s ecosystem. However, the debut of MELANIA inadvertently became the biggest competitor to TRUMP, as both memecoins continuously drew liquidity from each other. At certain points, MELANIA’s market capitalization almost equaled the amount of value TRUMP had lost.
Moreover, Conor Grogan, a director at Coinbase and on-chain analyst, noted that TRUMP and MELANIA appeared to be developed by entirely different teams with inconsistent standards. While TRUMP was described as being professionally and meticulously launched, MELANIA lacked comparable preparation. The wallet used to create MELANIA was previously active on pump.fun, was not a multisig wallet, and its official website was created just one day prior to launch, lacking basic protections like Cloudflare against DDOS attacks.
Within just over a day of its release, MELANIA’s value plummeted, dropping from its peak of $13 to just $4—a threefold decrease.
3. Overview of MELANIA Token
3.1. Basic Information
- Token Name: MELANIA
- Token Symbol: MELANIA
- Blockchain: Solana
- Smart Contract: FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P
- Listing Date: January 20, 2025
- Total Supply: 1,000,000,000
- Max Supply: 1,000,000,000
- Circulating Supply: 150,000,000
3.2. MELANIA Token Allocation
- Team: 35%
- Community: 20%
- Treasury: 20%
- Public Distribution: 15%
- Liquidity: 10%
3.3. Token Vesting Schedule
- First 30 days: All team tokens remain locked.
- Day 30: 10% of the team’s allocation (3% of the total supply) unlocks.
- Months 2–13: The remaining 90% of the team’s allocation unlocks gradually each month.
- Month 13: All team tokens are fully unlocked.
3.4. Where to Buy MELANIA Tokens?
Investors can trade MELANIA on major exchanges such as Gate, Bitget, and MEXC.
4. Conclusion
The above provides an overview of memecoin MELANIA. MELANIA exhibits notable potential due to its direct association with First Lady Melania Trump, a globally recognized figure. This connection brings significant brand value, attracting attention from both the crypto community and the general public. Its deployment on Solana—a blockchain known for high speed and low costs—further enhances MELANIA’s scalability and usability.
However, realizing this potential requires the project to improve its management professionalism, address initial technical issues, and foster a loyal user community. If the project effectively leverages its brand strength and delivers tangible value to investors, MELANIA could become a standout memecoin in the competitive cryptocurrency market.