MELANIA Token Skyrockets 11% in 24 Hours Following TRUMP Token Surge
Melania Trump's official token, the memecoin MELANIA, saw an unexpected price surge. After a decline, MELANIA skyrocketed over 11% in a day, reaching $0.542.
Melania Trump's official token, the memecoin MELANIA, saw an unexpected price surge. After a decline, MELANIA skyrocketed over 11% in a day, reaching $0.542.
Over the last 24 hours, the official memecoin of Melania Trump has seen a significant increase in its value. Current market data indicates that the MELANIA token is now trading at around $0.4569, having reached an intraday high of $0.542, marking an 11.39% increase during this period.
Furthermore, its market capitalization currently stands at $254 million, up by 10.90%. The trading volume has skyrocketed to $73.96 million, a remarkable increase of over 177.12% in just one day. Melania’s memecoin, officially launched by former First Lady of the United States Melania Trump, is now drawing significant attention from analysts due to this continued bullish trend that began on April 23.
Melania Trump launched her own memecoin, named MELANIA, on January 19, 2025, following the introduction of the TRUMP token. Based on the Solana blockchain, this cryptocurrency combines the political world with Web3 technology.
According to official information, the total supply of MELANIA tokens is set at one billion units, with 15% allocated for public sale. The project team will receive 35% of the tokens, subject to an initial 30-day lock-up period and a gradual distribution over a year. The remaining tokens will be used to enhance liquidity, support cash reserves, and fund community initiatives.
The recent surge in the MELANIA token price appears to be directly linked to an announcement made by Donald Trump. Indeed, both MELANIA and the TRUMP token associated with the former US President have significantly appreciated in value following this strategic announcement.
Donald Trump disclosed the hosting of an exclusive dinner for the top 220 TRUMP token holders. Scheduled for May 22 at his private club in Washington D.C., this event has sparked great interest within the crypto communities, further fueling the interest in these digital assets linked to the Trump family.
The official website highlights this invitation under the slogan “Dine with President Trump,” branding it as an extremely limited opportunity. Following this announcement, both TRUMP and MELANIA tokens have seen a significant valuation increase, enhancing their attractiveness in the digital financial markets.
Data provided by CoinMarketCap clearly shows that the MELANIA token experienced a marked rally from April 22, breaking away from a previously stable period. This morning, during the Asian session, the token started around $0.4104 before continuing its current rise to approximately $0.4627.
In the previous months, the asset had remained relatively stable, fluctuating within a narrow range, before this sudden acceleration observed in the last two days. The current fluctuations now reveal a high volatility punctuated by brief corrective phases.
Gaston has been a writer for over 7 years and a passionate cryptocurrency enthusiast since 2020. He loves exploring the crypto ecosystem and is now dedicated to sharing his insights and discoveries through InvestX.
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