Official Melania Meme/MELANIA#214 3

What is Melania Meme Coin ($MELANIA)?

The Official Melania Meme Coin or MELANIA is a cryptocurrency from the First Lady of the United States, Melania Trump. The coin debuted on January 20, 2025, just before Donald Trump's presidential swearing-in ceremony.  $MELANIA is built on the Solana blockchain.

It goes head-to-head with her husband's $TRUMP cryptocurrency. $MELANIA Coin turned heads as its value shot up. Despite being marketed as a non-investment asset, $MELANIA's market cap jumped to about $2 billion on the first day, catching the eye of many meme coin fans.

The total supply of Melania Meme Coin stands at 1 billion tokens, with 192.2 million Circulating Supply.

How the Launch of $MELANIA Affected $TRUMP Meme Coin

The release of $MELANIA, which goes head-to-head with $TRUMP, clearly affected $ TRUMP's worth. At first, $TRUMP's market cap shot up, but when $MELANIA came out, its price took a nosedive. 

As traders rushed to buy $MELANIA, $TRUMP value dropped by over 50% going from $73 to $30. But it bounced back bit by bit as the market found its footing. The rivalry between these two coins stirred up a lot of ups and downs in the meme coin world.

How to Buy MELANIA Coin 

To purchase the Melania Meme Coin ($MELANIA), follow these steps:

1. Create a Cryptocurrency Wallet: Download a wallet that supports Solana-based tokens, like Phantom or Sollet.

2. Buy Solana (SOL): Use a crypto exchange like Binance, Coinbase, Kraken, KuCoin, etc to purchase Solana, which is required for transactions.

3. Transfer SOL to Wallet: Send your Solana to your crypto wallet.

4. Connect to a Decentralized Exchange (DEX): Use a platform like Orca or Raydium to exchange SOL for $MELANIA.

5. Buy $MELANIA: After connecting your wallet to the DEX, search for $MELANIA and confirm the purchase.

The Risks of Investing in Meme Coins

Investing in meme coins is highly speculative and carries substantial risks. These coins are often subject to extreme price volatility and market manipulation, with their value primarily driven by trends and hype. A recent example is a meme coin launched by Haliey Welch, which dropped 95% from its market cap of $500 million to $25 million shortly after its release. As such, meme coins are often compared to gambling or buying a lottery ticket.