When it comes to branding and merch, the latest craze appears to be launching your own cryptocurrency. Sometimes it doesn't work out very well
Melania Trump has also dropped her own meme coin, following in the footsteps of her husband, former President Donald Trump.
The $MELANIA meme coin is available for purchase on X, with a community note on the platform highlighting that the token's reported tokenomics are inaccurate, with 89 percent being held by a single wallet. The note also cautions investors that buying the token is incredibly risky and likely to result in the loss of funds.
Melania announced the launch of her meme coin on X with a post that includes a link to where you can buy it. A community note on the platform states that the $MELANIA 'memecoin's' tokenomics don't match their report, with 89 percent being held by a single wallet, and warns investors that buying the token is “incredibly risky and will likely result in the loss of funds.”
According to the post, you can purchase the $MELANIA meme coin from a website that accepts various payment methods like Apple Pay, Venmo, credit card, or cryptocurrency. The Melania Memes are minted on the Solana blockchain network, so you'll need to set up a cryptocurrency wallet that supports Solana. This wallet will allow you to store and manage your $MELANIA tokens.
Once you've set up your Solana wallet, head back to the Melania Meme website and connect your wallet. This will enable you to interact directly with the platform, allowing you to make transactions and manage your wallet securely.
Several X users have replied to Melania's original post to complain about technical issues with Solana. "Please use a blockchain that works," wrote one person. "I’ve been stuck on this page over and over. Surely there’s a better way to swap assets." Another user said, "My phantom wallet got drained after connecting to the Jupiter to swap Melania."
If a Melania meme coin doesn't pique your interest, you can browse other items on her merch page, like a cheaply made "gold" necklace that will turn your neck greener than a golf course for only $600. Or, if you're still in the market for NFTs, you can check out the two that are still available for purchase on Melania's website.
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