Melania Trump launched her $MELANIA memecoin, valued at $1.63 billion, following her husband Donald Trump’s $TRUMP coin. Both coins saw significant market impact and valuation.

Melania Trump Introduces the $MELANIA Memecoin

As the world turned its attention to Donald Trump’s inauguration as the 47th President of the United States, another headline made waves in the cryptocurrency sphere: Melania Trump’s debut into the digital asset world with the $MELANIA memecoin. The announcement, made through her official X (formerly Twitter) and Instagram accounts, marked a new chapter for the Trump family in their embrace of blockchain technology.

$MELANIA’s Market Surge

“Melania’s Official Meme is live! You can buy $MELANIA now,” the former First Lady shared on her social platforms, just hours after Donald Trump’s own memecoin, $TRUMP, hit the market. The $MELANIA memecoin immediately gained traction, rising 14% to $8.50 shortly after launch. At its peak, it recorded a 50% surge, briefly touching $13.64.

With 192.21 million $MELANIA tokens in circulation, the coin’s market capitalization reached an impressive $1.63 billion. While it did not eclipse the figures achieved by $TRUMP, $MELANIA’s performance secured its position as one of the most talked-about launches in the crypto space.

$TRUMP’s Explosive Performance

Donald Trump’s $TRUMP memecoin, launched just two days prior, set an extraordinary precedent. The coin soared by 754% on inauguration day, reaching $53.92 and achieving a market capitalization of $11 billion. To put this in perspective, Trump Media—which went public in March—holds a valuation of $8.6 billion, underscoring the massive financial interest in Trump’s ventures.

Bitcoin’s Record-High Amid the Inauguration

As the inauguration ceremony began, Bitcoin, the world’s largest cryptocurrency, smashed through its previous record, trading at $109,000 on select exchanges. Speculation is rife that Donald Trump’s administration may introduce up to 100 executive orders, some of which could directly impact the cryptocurrency market. During his campaign, Trump floated the idea of establishing a national Bitcoin reserve, signaling a potentially groundbreaking shift in U.S. crypto policy.

Cryptocurrency Market Optimism and Volatility

The optimism surrounding Trump’s second term propelled Bitcoin to exceed its December high of $108,000. Simultaneously, the launches of $TRUMP and $MELANIA memecoins created significant volatility in the market. The unprecedented transaction volume overwhelmed the Solana blockchain—the platform hosting both tokens—resulting in noticeable performance slowdowns. While Solana demonstrated resilience under pressure, the network’s struggles highlighted the challenges of scaling blockchain infrastructure to accommodate such high demand.

The Legacy of $MELANIA

Though $MELANIA has not matched the meteoric success of $TRUMP, it has nonetheless carved a niche for itself in the digital asset market. Garnering substantial attention and investment, it ranks among the top 100 cryptocurrencies by market capitalization, a testament to its popularity and market impact.

Ethan Brooks