梅拉尼娅特朗普推出MEME币MELANIA，市值一度飙升至130亿美元以上，Solana网络拥堵甚至中断

在特朗普亲自推出MEME币TRUMP，在加密社区内外引起前所未有的狂热后，他的妻子梅拉尼娅也推出了自己的官方代币MELANIA。

Trump's wife launches official token 'MELANIA' after TRUMP token sparks FOMO

在 TRUMP 代币引发 FOMO 后，特朗普的妻子推出官方代币“MELANIA”

Author: Nancy, PANews

作者：南希，PANews

After Trump personally launched the MEME coin TRUMP, causing an unprecedented frenzy both inside and outside the crypto community, his wife Melania has also introduced her own official token, MELANIA. Under the "First Lady" effect combined with the FOMO sentiment surrounding the TRUMP token, MELANIA's market cap was once pushed above $13 billion, leading to congestion and even outages on the Solana network due to the surge in trading volume. However, this wave of funding driven by FOMO has also caused significant bloodletting in the crypto market, with several details surrounding the issuance of MELANIA triggering market controversy.

在特朗普亲自推出MEME币TRUMP，在加密社区内外引起前所未有的狂热后，他的妻子梅拉尼娅也推出了自己的官方代币MELANIA。在“第一夫人”效应加上围绕 TRUMP 代币的 FOMO 情绪下，MELANIA 市值一度突破 130 亿美元，导致 Solana 网络因交易量激增而出现拥堵甚至中断。然而，这波由 FOMO 驱动的融资潮也造成了加密市场的大幅放血，围绕 MELANIA 发行的多个细节引发市场争议。

In the early hours of January 20, Melania Trump announced on social media that people can now purchase the MEME coin MELANIA. Subsequently, Trump retweeted to further confirm this information, quickly igniting the market.

1月20日凌晨，梅拉尼娅·特朗普在社交媒体上宣布，人们现在可以购买MEME币MELANIA。随后，特朗普转发推文进一步证实了这一信息，迅速点燃市场。

TRUMP falls sharply, crypto market suffers severe bloodletting

特朗普大幅下挫，加密市场遭遇严重放血

Stimulated by the wealth effect brought by Trump's token TRUMP, MELANIA quickly seized a large amount of market liquidity within just a few hours. According to DEX Screener data, MELANIA's market cap exceeded $13.09 billion just hours after its launch, with a cumulative trading volume reaching $1.36 billion.

在特朗普代币TRUMP带来的财富效应刺激下，MELANIA在短短几个小时内迅速攫取了大量市场流动性。根据 DEX Screener 数据，MELANIA 上线数小时后市值就突破 130.9 亿美元，累计交易量达到 13.6 亿美元。

Under MELANIA's bloodsucking attack, the crypto market generally fell as funds were rapidly withdrawn, with particularly severe bloodletting on-chain, and TRUMP was no exception, briefly dropping below $40.

在MELANIA的吸血攻击下，加密货币市场普遍下跌，资金迅速撤出，链上放血尤为严重，TRUMP也不例外，一度跌破40美元。

According to SoSoValue data, the crypto market sector generally retraced, with the AI Agents sector down 12.08%, the PayFi sector down 6.75%, the DeFi sector down 6.94%, and the MEME sector down 7.53%.

SoSoValue数据显示，加密市场板块普遍回调，其中AI Agents板块下跌12.08%，PayFi板块下跌6.75%，DeFi板块下跌6.94%，MEME板块下跌7.53%。

Coinglass data shows that in the past 12 hours, the entire crypto market saw over $710 million in liquidations, with long positions liquidating $590 million and short positions liquidating $120 million. The cryptocurrencies with the highest liquidation amounts were Bitcoin, Ethereum, Solana, and TRUMP. GMGN data indicates that TRUMP's maximum drop today reached 59.6%.

Coinglass 数据显示，在过去 12 小时内，整个加密货币市场的清算金额超过 7.1 亿美元，多头头寸清算 5.9 亿美元，空头头寸清算 1.2 亿美元。清算金额最高的加密货币是比特币、以太坊、Solana 和 TRUMP。 GMGN数据显示，特朗普今日最大跌幅达到59.6%。

While MELANIA was being speculated upon in the market, the original intention of the token's creation, the unlocking mechanism, and the series of token issuances by the Trump family have also sparked considerable speculation and controversy.

在市场猜测 MELANIA 的同时，该代币的创建初衷、解锁机制以及特朗普家族的一系列代币发行也引发了不小的猜测和争议。

On one hand, MELANIA's deployment time has been criticized as being too rushed. According to Abstract contributor cygaar, MELANIA's official website and domain were created just yesterday (January 19), and the front-end code is incomplete. In contrast, the deployment of the TRUMP token began preparations as early as December 2024;

一方面，MELANIA的部署时间被批评过于仓促。据摘要贡献者cygaar透露，MELANIA的官网和域名是在昨天（1月19日）刚刚创建的，前端代码并不完整。相比之下，TRUMP代币的部署早在2024年12月就开始准备；

On the other hand, according to information from the MELANIA official website, the token distribution plan allocates 35% to team shares, 20% to the treasury, 20% to the community, 15% to public issuance, and 10% for liquidity. MELANIA has a significant difference in unlocking mechanisms compared to TRUMP, with the MELANIA team's token share having an initial lock-up period of only 30 days, while the TRUMP token's team share requires a lock-up of 3 years. Meanwhile, on-chain analyst Yu Jin pointed out that the figures regarding the team's unlocking portion in MELANIA's token distribution appear to be incorrect. According to the official token distribution, the team allocation is 35%, but the unlocking rules indicate it is calculated at 30%. Moreover, only 35% of the team's allocation has written unlocking rules, while the rest is not specified, which may imply that MELANIA's circulation could be 65%.

另一方面，根据MELANIA官网信息，代币分配计划分配35%为团队股份，20%为金库，20%为社区，15%为公开发行，10%为流动性。 MELANIA 与 TRUMP 相比，在解锁机制上有显着差异，MELANIA 团队代币份额初始锁定期仅为 30 天，而 TRUMP 代币团队份额需要锁定 3 年。同时，链上分析师余进指出，MELANIA 代币分配中团队解锁部分的数据似乎不正确。根据官方代币分配，团队分配为35%，但解锁规则显示按30%计算。而且，只有35%的团队分配写有解锁规则，其余的则没有具体说明，这可能意味着MELANIA的发行量可能是65%。

Regarding the series of token issuances by Trump and his family, Zack Guzmán, founder of crypto media Coinage, analyzed in a post that the Trump family quickly launched the TRUMP and ELANIA coins before the inauguration to potentially avoid constitutional risks. According to the U.S. Constitution's compensation clause, the president cannot receive private benefits from foreign governments. Trump previously earned about $7.2 million through an NFT project, and his wife Melania also made over $330,000 from NFT sales. Issuing tokens before officially taking office could reduce the risk of being accused of violating the compensation clause.

对于特朗普及其家族的一系列代币发行，加密媒体Coinage创始人扎克·古兹曼(Zack Guzmán)发文分析称，特朗普家族在就职典礼前迅速推出了TRUMP和ELANIA币，可能是为了规避宪法风险。根据美国宪法的赔偿条款，总统不能从外国政府获取私人利益。特朗普此前通过 NFT 项目赚取了约 720 万美元，他的妻子梅拉尼娅也从 NFT 销售中赚取了超过 33 万美元。在正式上任之前发行代币可以降低被指控违反赔偿条款的风险。

Ryan Selkis, founder of Messari, publicly called on Trump regarding the launch of MELANIA, suggesting he fire the individuals who recommended initiating the Melania project today. He pointed out the following issues: the project team lacks professional capability; it could cause significant economic losses and damage to reputation; project decisions did not adequately consider Trump's interests.

Messari 创始人瑞安·塞尔基斯 (Ryan Selkis) 公开呼吁特朗普就 MELANIA 的推出一事，建议他解雇今天建议启动 Melania 项目的人。他指出了以下问题：项目团队专业能力不足；可能造成重大经济损失和声誉损害；项目决策没有充分考虑特朗普的利益。

"Meme coins are a zero-sum

“模因币是零和游戏