Melania Trump’s $MELANIA Crypto Skyrockets with $6.35B Trading Surge

On the eve of President-elect Donald Trump’s inauguration as the 47th President of the United States, incoming First Lady Melania Trump announced the launch of her crypto, “Melania Meme” ($MELANIA). 

The coin, built on the Solana blockchain, has seen rapid adoption and significant price movement since its release.

The launch follows the debut of President-elect Trump’s own cryptocurrency, “Official Trump” ($TRUMP). Both coins have sparked high levels of trading activity and interest within the cryptocurrency community.

$MELANIA Sees Explosive Growth in Price and Trading Volume

According to Coingecko data, $MELANIA has experienced a sharp increase in both price and trading volume since its release. Within seven hours of its launch, the token surged over 25,000% from its initial price of $0.0534 to a peak of $13.47. 

The coin is currently trading at $9.52 with a 24-hour trading volume exceeding $6.35 billion.

The price movement has been highly volatile, with $MELANIA trading in a range of $7.37 to $13.05 in the past 24 hours. The token reached its all-time high of $13.05 just two hours ago. 

Despite the fluctuations, the cryptocurrency has maintained significant interest, driven by its association with the incoming First Lady.

Early Traders Generate Massive Profits

Blockchain data shows that early adopters of $MELANIA have made substantial profits. According to Lookonchain, two wallets have collectively earned over $47.5 million by buying and selling the token within hours of its launch.

Someone created 2 wallets to buy $MELANIA and made $47.5M!

7Aud…KnVR spent 2,100 $SOL($560K) to buy 1.52M $MELANIA and sold all for 46,453 $SOL($11.5M), with a profit of 44,353 $SOL($11M).

4zo6…zHF2 spent 800K $USDC to buy 3.84M $MELANIA and sold 1.92M $MELANIA for 16.45M… pic.twitter.com/IguZiLyOWg

— Lookonchain (@lookonchain) January 20, 2025

One wallet, identified as 7Aud…KnVR, purchased $MELANIA for $560,000 and sold the holdings for $11.5 million, netting a profit of $11 million. Another wallet, 4zo6…zHF2, invested $800,000 in $MELANIA and sold half of the tokens for $16.45 million while retaining the remaining tokens valued at $20.85 million. 

Both wallets were reportedly funded by a third wallet, raising questions about potential coordination.

Social Media and Crypto Analysts React to $MELANIA’s Surge

The launch of $MELANIA has drawn widespread attention on social media platforms. Melania Trump announced the cryptocurrency on X (formerly Twitter), posting, 

“The Official Melania Meme is live! You can buy $MELANIA now.” 

The announcement quickly gained traction, with thousands of reactions and shares.

Crypto analysts have been closely monitoring the token’s performance. One prominent analyst, Crypto Patel, noted, “Melania Trump’s memecoin $MELANIA is on fire!” 

He highlighted the token’s rapid price increase and trading volume, which exceeded $4 billion within the first seven hours.

The cryptocurrency’s association with the incoming First Lady and its volatile trading patterns have positioned $MELANIA as one of the most discussed topics in the crypto community. 

Both $MELANIA and $TRUMP continue to generate intense interest as the Trumps prepare to enter the White House.

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