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Cryptocurrency News Articles

Melania Trump Meme Coin Causes Volatility on Inauguration Day

Jan 21, 2025 at 05:27 pm

Although the MELANIA meme coin has only existed for less than 24 hours, it's already had a dramatic impact on the world of cryptocurrency.

Melania Trump Meme Coin Causes Volatility on Inauguration Day

As Bitcoin reaches new all-time highs and Donald Trump’s TRUMP coin enjoys stellar success, crypto enthusiasts are keeping a keen eye on the market, especially following the rapid rise and subsequent dip of the latter token.

With the creation of the MELANIA meme coin, many are wondering if it’s still a good time to buy the token. In this article, we’ll analyze the fast-developing situation and also highlight two essential crypto projects for 2025, Solaxy and MIND of Pepe, which are still in their early presale stages and could easily prove more profitable than MELANIA.

Melania Trump Meme Coin Causes Volatility on Inauguration Day

The MELANIA meme coin has only been around for less than 24 hours, but it has already had a dramatic impact on the world of cryptocurrency.

Its introduction quickly caused Donald Trump’s TRUMP meme coin to drop in value by almost 50%, and speculation about more Trump family meme coins (perhaps $ERIC or $BARRON) is also causing doubts regarding MELANIA’s longevity.

If we review the 15-minute chart for the MELANIA crypto, we can already spot the formation of a bearish descending triangle chart pattern.

MELANIA’s price action is also quickly compressing, which is often an indicator of an explosive move in the near future:

Given the low time frame covered in this chart, it will naturally be vulnerable to extremely fast changes – but as MELANIA is still a very new coin, this chart offers the best current view of the token and its performance.

It’s also worth noting how far MELANIA’s trading volume has dropped over the last few hours, which is also a sign of a major incoming move.

Of course, in the early days of Donald Trump’s presidency, it would also be very surprising to see MELANIA simply chop sideways for the rest of the week. Therefore, at the very least, we can expect the above descending triangle to resolve itself in a definitive way, and most likely establish this meme coin’s first clear price trend.

The Official Melania Meme is live!

You can buy $MELANIA now. https://t.co/8FXvlMBhVf

FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P pic.twitter.com/t2vYiahRn6

Notably, both the MELANIA and TRUMP meme coins were originally launched on Solana – making our next token a priority for investors looking to gain from that blockchain’s increasing popularity.

Solaxy is Solana’s First Layer 2, Trump’s New Favorite Crypto?

As useful as the Solana Layer 1 blockchain has proven for meme coin projects and their builders, the network is still prone to frequent bouts of congestion and failed transactions.

Solana’s reputation as a fast, cheap, but also unreliable blockchain has been hard to shake – but Solaxy ($SOLX) is the ultimate solution.

As the world’s first Solana Layer 2, Solaxy will bundle transactions away from Solana’s main chain, process them independently, and then finalize those transactions back on Solana’s mainnet. This will make using Solana faster and cheaper than ever before, enhancing its scalability and bringing immense benefits to GameFi, DeFi, and meme coin projects.

Since Solana is already favored by the Trump family, Solaxy could easily become their next favorite crypto when it launches later this year.

The SOLX token will act as Solaxy’s native cryptocurrency – and it will also work on Ethereum, bringing the latter’s deep liquidity into the Solaxy ecosystem, and combining it with Solana’s low fees and high speeds.

This makes Solaxy’s value proposition appealing to fans of both Solana and Ethereum, who have invested over $12 million in the SOLX presale so far.

SOLX can also be staked for an APY of up to 304%, while its token price remains temporarily discounted at $0.001608. This price will increase quickly as the presale continues, and is expected to explode when SOLX begins trading on major exchanges.

Visit Solaxy Presale

MIND of Pepe to Explode Next?

Those keeping a close eye on the incoming Trump administration will have noticed that the new president nominated David Sacks to oversee not only the crypto industry, but also AI.

As both of these highly innovative sectors will be governed by the same person, we can also expect them to cross over more frequently – and MIND of Pepe ($MIND) is ideally positioned to take advantage of this up-to-the-minute development.

MIND of Pepe is the first-ever major meme coin brand to create its own advanced, self-sovereign AI agent, which will be given its own autonomously controlled Twitter account.

Through this direct social media connection, MIND of Pepe will be able to

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