Official Melania Meme Price

What is MelaniaCoin (MELANIA)?

MelaniaCoin is another major celebrity-backed meme coin. Just like TRUMP, MelaniaCoin is also operating on the Solana blockchain and is directly endorsed by the First Lady. The main idea behind MelaniaCoin is to reflect the First Lady’s philanthropic values and promote arts, education, and other causes.

This crypto was created by MKT World LLC and launched on January 19, 2025, just a couple of days after the TrumpCoin. The MelaniaCoin project capitalizes on niche celebrity branding to attract attention and bolster the Trump family’s support during the second presidency.

MelaniaCoin use cases

TrumpCoin and MelaniaCoin are two of the most recent examples of celebrity figures with massive community support influencing and even shaping the crypto markets. Even though the crypto communities are divided on this subject, the fact that these presidential cryptos are receiving so much attention, especially as meme coins, is enough to change the crypto landscape.

While it’s difficult to speculate how MelaniaCoin will evolve, experts believe that it will be heavily tied to:

• Charitable contributions: The MelaniaCoin was created to reflect the First Lady’s values and ideals, so it’s very likely that it will be used for various support initiatives.
• Transaction utility: MelaniaCoin holders can use this token for peer-to-peer payments on its blockchain.
• Community governance: Since MELANIA operates on the Solana blockchain, traders can influence the new project by participating in its governance, though the political influence is causing a lot of debate.

How MelaniaCoin works

Just like TrumpCoin, MelaniaCoin also runs on the Solana blockchain platform which uses a combination of proof-of-stake (PoS) and proof-of-history (PoH) consensus mechanisms to facilitate secure and transparent transactions in an energy-efficient way. One difference is that MELANIA has a semi-deflationary model, which dedicates a percentage of every transaction to charities.

MelaniaCoin's key features include:

• Staking rewards: MELANIA token holders can lock their MelaniaCoins to earn rewards and support network operations.
• Philanthropic initiatives: The MelaniaCoin meme project streams portions of its revenue to supporting causes aligned with the First Lady’s charitable activities.

MelaniaCoin supply & price

Right after MelaniaCoin was launched in the second half of January, the new crypto hit a market capitalization of $2 billion, dropping to $1 billion. This almost immediately placed MelaniaCoin on the same list of top largest meme coins as TrumpCoin on CoinMarketCap.

The total supply is capped at 500 million tokens from which 100 million were released to the market after launch. Of this amount, around 35% is reserved by Melania Trump’s team, frozen for the next upcoming 30-day period.

However, like most cryptocurrencies, MelaniaCoin’s price experiences significant volatility based on market demand, trading volume, and overall sentiment in the cryptocurrency market which is very heated at the moment.

After the official launch, MelaniaCoin was worth around $10 and the price continued to change rapidly. While the price shot up and down, in the following days it stabilized for a brief period around $3-$4, and on January 27, 2025 dropped to $2.43, according to CoinGecko.