Melania Coin: The First Lady Launches Her Own Meme Coin Ahead of Trump Taking US Presidency

The first lady of the US has launched her own $MELANIA meme coin today ahead of President Trump taking the charge of US presidency as the 47th President of the US

US First Lady Melania Trump has launched her own meme coin, named $MELANIA, ahead of President Trump taking the charge of US presidency as the 47th President of the US. Earlier, Trump launched his own meme coin named $TRUMP.

Both the crypto meme coins have got the attention of traders as both are gaining their market capitalization. The meme coin $TRUMP has made it to the top 20 meme coins in the crypto market, which has increased the anticipation of the newly launched Melania coin as well.

Melania Coin

The first lady of the US has launched her own $MELANIA meme coin today ahead of President Trump taking the charge of US presidency as the 47th President of the US. Earlier, Trump launched his meme coin and now Melania has launched hers. Both the meme coins are making headlines in the crypto space.

The cryptocurrency market has seen a surge in the market with these meme coins launched. The Trump meme coin received a market capitalization of $14 billion and performed well in its debut, however, the $MELANIA coin launch has lowered the price of the $TRUMP meme coin from its peak price of $74.06 to $44.82 in just 24 hours.

The Trump and Melania coin is related to the Trump oath-taking ceremony, which increases the demand for the coin as it relates to the sentiment and marks the day. According to CoinMarket Cap, the $MELANIA meme coin stands at a market cap of $1.7 billion now. Trump and the First Lady launching the crypto assets is reflecting a positive stance for digital assets in the future.

Which blockchain network supports the Melania meme Coin?

The Trump and Melania meme coins are fungible crypto assets that are available for trading and transactions. Both the meme coins are launched on the Solana blockchain network. The Solana blockchain network has a great reputation in the crypto space due to its proof of historical features, transaction speed, and efficient decentralized applications.

The meme coins are generally launched with some inspirations, trends, or Internet memes, with the popularity they rise on the market. The Melania coin has also grabbed attention and is trending on social media.

With the meme coins built on the Solana Blockchain network, the coins are creating a buzz in the crypto space, however, the coins disclaimer that meme coins are not subjected to security or any investment opportunity.

How will the Melania and Trump meme coin impact the crypto market?

The crypto market saw a surge when Trump won the US presidential election and now with Trump taking the oath and introducing the meme coin has also increased the market fluctuations. Trump has confirmed during the campaign trials that his administration would work on creating strategic financial regulations for digital assets to make the market more positive.

With Trump’s victory, the bitcoin has attained a record hike over the years, and the dogecoin supported by Elon Musk has also experienced a rise this year. With the Melania and Trump meme coins, the analysts believe that it will lead to liquidity diversion from other cryptocurrencies.

The liquidity diversion would increase the crypto market volatility just as we have seen how the Trump coin dropped with the $MELANIA coin launched. The Melania and Trump coins have attracted traders so we could expect the buying and selling of these coins.

So, the launch of the meme coins may affect other big coins, but as we say the crypto market is unpredictable, the nature of meme coins we can expect trading and market fluctuations.

How can you buy the Melania Coin?

Crypto traders who wish to get their hands on the Melania meme coins can buy the coin from the official website shared by the first lady herself on X at https://melaniameme.com/ or you can buy it on Jupiter Swap.

The best way to buy it is from the official website shared by Melania Trump, you can buy the meme coin either with crypto on Jupiter Swap or you can buy it with a Card, whereas the people who wish to buy the Trump coin can find it on the Binance exchange.

The traders should know that to buy the Melania coin you must have a Solana Wallet if you are buying with crypto. If you do not have the Solana wallet, you can easily set up the wallet that supports Solana and connect your wallet to purchase the Melania meme coin.

The Melania coin has taken the spotlight from the Trump coin, however, both coins are reshaping the crypto market as the crypto space except the favorable regulations from the government.