Melania Trump’s MELANIA coin peaked at $13, while TRUMP faced a 30% drop, causing market volatility and debate. With the TRUMP price plummeting more than 30% from the peak and eroding $4 billion, the debut of the Melania meme currency has sparked intense trading activity. Within hours of Melania Trump, the First Lady of the United States, formally launching her MELANIA meme currency, it soared to $13 and reached a market valuation of $2 billion. Less than 48 hours had passed since her husband, Donald Trump, the president-elect, unveiled his meme currency, TRUMP.
Since its inception, the TRUMP meme coin's daily trade activity has increased 300% to almost $43 billion. Since the meme coin dominated all liquidity during the weekend, this is greater than the daily trading activity now reported by leading cryptocurrencies like XRP, SOL, and others.
TRUMP vs MELANIA Coins
In a social media post, Melania Trump revealed MELANIA, her meme coin. During his victory rally, Donald Trump, the president-elect, also mentioned this. After the news, market conditions drastically changed as sell pressure increased and TRUMP demand fell.
The recently released MELANIA meme currency peaked at $13 within hours of its introduction. At the time of writing, though, this has also fallen by about 40% from its peak and is now trading at $8.49.
The current rapid capital turnover between TRUMP and MELANIA has resulted in significant price volatility for both coins. Both high-profile individuals and individual investors continue to pay attention to the unpredictable character, as seen by the rise in MELANIA and the collapse of TRUMP.
Unique MELANIA Tokenomics
By distributing 35% for the team, 20% for the treasury, 20% for the community, 15% for the public sale, and 10% for liquidity, the MELANIA token has a different token economic model than TRUMP. Notably, compared to TRUMP's team share, which necessitates a three-year lock-up, the MELANIA team's part is subject to a far shorter lock-up term of only 30 days.
MELANIA Coin Sparks Debate
In a surprising turn of events, it has been revealed that the MELANIA meme coin was created on Saturday, January 18, at 9:36 AM ET. Just 31 hours later, on January 19 at 4:13 PM ET, the meme coin was officially launched.
The short timeline has drawn criticism, with some speculating as to whether the MELANIA meme currency was conceived and created in a single day. Nate Geraci, president of the ETF Store, wrote:
“Memecoin traders are well aware they’re playing a crypto version of musical chairs. They’re not under some illusion they’re investing in Fortune 500 companies. They know it’s all greater fool theory. They also don’t view meme-coins as legit “crypto projects”.
The actions of the US First Lady and President-elect have drawn criticism from many in the cryptocurrency community who see them as a danger to other genuine utility crypto initiatives.
Trump Coin Hits Third
After reaching a peak of $74 on Sunday, the Official Trump (TRUMP) meme currency had significant volatility over the weekend. As of this writing, the TRUMP price is trading at a roughly 30% discount at $53.5, with a market valuation of $10.75 billion. After Dogecoin (DOGE) and Shiba Inu (SHIB), TRUMP has already risen to the third-largest position on the list of meme currencies.
Bold suggestion for Donald Trump: Airdrop Trump tokens to every U.S. citizen. With a rise to fame in a very short period, everyone is questioning whether this TRUMP price rally would be sustained.
Srinivasan proposed that the former president could target his 77 million voters directly, offering each supporter $100 worth of TRUMP tokens via email. In his official post on the X platform, Srinivasan wrote:
“By analogy, you would ideally want the President to be aligned with his citizens, such that they all held (say) USA coin. So, one way of solving the alignment problem would be for Trump to airdrop some TRUMP to every US citizen. However, it might be easier for him to just send an email in his personal capacity to every Trump supporter offering them some free TRUMP.”
The Trump team's constant release of meme coins has caused a severe sell-off in several categories and sent shockwaves across the larger cryptocurrency market. Memes decreased 7.53, Layer-2 tokens fell 10.59, AI agents tokens fell 12.08%, DeFAI tokens fell 14.90%, and so forth.
Final Thought
Melania Trump’s MELANIA meme coin debuted at $13 and reached a $2 billion market valuation, while the TRUMP coin saw a 30% decline. Both Melania and Donald Trump’s coins saw high trading volatility, with the TRUMP price dropping from its peak. MELANIA’s tokenomics differ, with a shorter team lock-up period. The quick launch and its possible impact on the cryptocurrency market have been questioned by many.
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