Melania Meme Coin Launch Triggers Trump Price Plunge: Is An Airdrop Coming?

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Melania Trump, the First Lady of the U.S., unveiled her personal meme coin called MELANIA, which quickly escalated to $13 and achieved a market value of $2 billion within just hours. This announcement was made less than 48 hours after Donald Trump, then President-elect, presented his own meme coin named TRUMP.

After its debut, the TRUMP meme token has seen a surge in its daily trading volume, reaching over $43 billion – a 300% increase. This figure surpasses the current daily trading activity of well-known altcoins like Ripple (XRP) and Solana (SOL), indicating that the meme coin single-handedly absorbed most of the market liquidity during the weekend.

MELANIA Meme Coin Pump, TRUMP Dump?

Melania Trump revealed her personal cryptocurrency called MELANIA on social media. This was also mentioned by President-elect Donald Trump at a rally following his victory. After this news, the market’s behavior changed significantly as interest in TRUMP decreased and there was increased selling pressure.

In just a few hours after its debut, the recently introduced Memalia meme token soared to a maximum value of around $13. Yet, at the moment of reporting, it had plummeted by approximately 40% from its highest point and was being exchanged for roughly $8.49.

Currently, there’s a rapid exchange of funds between Melania and Trump, leading to significant price swings on both assets. The spike in Melania’s value and the fall of Trump’s have underscored their volatile characteristics, captivating both high-profile figures and retail investors.

A Loon Into the MELANIA, TRUMP Tokenomics

Examining its token structure, the MELANIA token stands out with a unique economic model contrasting that of TRUMP. This model assigns 35% to the team, 20% to the reserve fund, 20% to the community, 15% for public sale, and 10% for liquidity pool.

Significantly, the MELANIA team’s stock shares are only locked up for a short period of 30 days, unlike those of the TRUMP team whose shares have a lock-up period of three years.

Launch of MELANIA Coin Sparks Questions

It’s interesting to note that the Melania Meme website for the MELANIA meme token was established on January 18th at 9:36 AM Eastern Time. Intriguingly, less than a day and a half later, on January 19th at 4:13 PM ET, the meme coin was formally introduced.

The tight deadline for the MELANIA meme coin’s creation has sparked skepticism, as some wonder if it was thought up and brought to life within a single day. In response, ETF Store President Nate Geraci expressed his doubts.

Traders of meme coins recognize that they’re participating in a game similar to musical chairs within the world of cryptocurrency. They understand clearly that these investments are unlike those in Fortune 500 companies, and instead, it’s more about the greater fool theory. Furthermore, they do not consider memecoins as authentic crypto ventures with long-term potential.

In the cryptocurrency community, there’s been criticism directed towards the actions taken by the President-elect and the First Lady of the U.S., with many viewing these actions as potentially harmful to other practical crypto projects.

TRUMP Price Drop, Is An Airdrop Announcement on the Way?

Over the last weekend, the Official Trump meme coin experienced significant fluctuations, reaching a peak of $74 on Sunday. However, at present, its value has dropped by around 30% to approximately $53.50. With a market capitalization of about $10.75 billion as reported now, TRUMP has found itself in the league of top meme coins. At this moment, it ranks third behind Dogecoin (DOGE) and Shiba Inu (SHIB).

A seasoned investor and ex-CTO of Coinbase, Balaji Srinivasan, has put forth an audacious idea for Donald Trump: distribute TRUMP digital tokens to every American citizen. With his rapid surge in popularity, people are debating whether the TRUMP token value increase will endure.

Srinivasan suggested a potential strategy for the ex-president to reach out to his 77 million followers by sending each of them an email containing a promise of $100 worth of TRUMP tokens. He detailed this idea in a post on the X platform.

In a similar manner, it’s best if the President shares common values with his people, as if everyone had the same U.S. currency. One possible solution for achieving this harmony could be for Trump to distribute ‘TRUMP’ tokens to every U.S. citizen via air drop. However, a simpler approach might be for him to send an email personally to all his supporters, inviting them to receive some free ‘TRUMP’ as a gesture.

The continuous release of meme coins by the Trump team has caused a ripple effect throughout the entire crypto market, leading to a significant decrease in many sectors. For instance, AI agent tokens decreased by 12.08%, DeFAI tokens fell by 14.90%, meme tokens dropped by 7.53%, Layer-2 tokens declined by 10.59%, and so forth.

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2025-01-20 09:48