“Melania Trump Launches $MELANIA Coin, Shaking $TRUMP Meme Coin as Market Value Crashes by 40%”
By Okafor Joseph Afam | January 20, 2025
The world of cryptocurrency has witnessed another dramatic turn of events as US President-elect Donald Trump’s newly launched meme coin, $TRUMP, experienced a significant drop in value. The $TRUMP coin, which had soared since its debut, plummeted by a shocking 40% on Sunday, shortly after the launch of a new and competing meme coin by none other than Melania Trump, his wife.
The launch of the $MELANIA token was first announced on Melania Trump’s social media profile, where she posted: “The Official Melania Meme is live! You can buy $MELANIA now.” The post was later retweeted by her husband, Donald Trump, who further fueled the hype surrounding her coin. The move sent shockwaves through the meme coin market.
The value of $MELANIA surged almost immediately, reaching a fully diluted valuation of $5.69 billion, according to data from DEXscreener. The token’s price continued to fluctuate wildly, a hallmark of the volatile nature of meme-based cryptocurrencies. At the time of writing, $MELANIA’s price remained highly speculative, making it one of the most talked-about tokens in the crypto world.
The coin’s supply structure has also drawn attention. A substantial 45% of the total $MELANIA supply is allocated for public distribution and liquidity provision on decentralized exchanges, ensuring its widespread availability. The remaining tokens are split between the project treasury (20%) and the team (35%). However, unlike $TRUMP, which had a considerable portion of its tokens held by insiders, $MELANIA has allocated fewer tokens to the team, and its vesting schedule is significantly shorter. Team tokens will vest over just 13 months, with monthly rather than daily distributions.
The timing of the $MELANIA launch couldn’t have been more disruptive to the $TRUMP coin. After the release of the new coin, $TRUMP’s market value took a steep nosedive. The price of $TRUMP, which had been trading at $73, plummeted to $38 before briefly recovering to $52. As of the latest data, the price has dropped again to $42.
Analysts have estimated that $TRUMP’s market capitalization suffered a catastrophic loss of $7.5 billion within a mere 10 minutes following the announcement of $MELANIA. The release of Melania’s coin effectively overshadowed the momentum behind her husband’s coin, diverting attention and investments away from $TRUMP.
However, despite the significant drop, $TRUMP’s value remains an extraordinary 7,000% higher than its initial launch price just a few days ago. This surge has contributed to substantial theoretical wealth for the President-elect, amounting to billions in gains. With a market capitalization of around $33 billion, $TRUMP has solidified its place as a dominant force in the meme coin sector, even with the recent crash.
The launch of $MELANIA has added a new layer of intrigue and competition in the meme coin space, drawing a stark contrast between the tokens of the Trump family. While $TRUMP continues to capture headlines, the rise of $MELANIA proves that the crypto world remains unpredictable, with even the most established players finding themselves vulnerable to the power of a new market entrant.
As both tokens continue to experience volatility, it remains to be seen whether $TRUMP can regain its former strength or if $MELANIA will continue to dominate the meme coin market. Only time will tell.
