The post Melania Trump Memecoin Takes Over: How to Buy $MELANIA Crypto? appeared first on Coinpedia Fintech News
Trump has given a ray of hope to the downmarket with its new crypto policies and market cheered his crypto centric election campaign wholeheartedly. The crypto turned to a Trillion dollar industry with Trump’s win. However, the market got more interested with the debut of Donald Trump’s TRUMP meme coin, which initially jumped to a whopping $14 billion market cap.
This made it one of the top 20 cryptocurrencies by value, but the excitement was short-lived. With rumors of Trump gearing for many executive orders the market is in a mixed state.
Meanwhile, Trump’s wife, the first US lady, has announced that the MELANIA coin, via her social media, caused a dramatic 40% crash in TRUMP’s value. In a matter of minutes, $7.5 billion was wiped from its market cap as traders shifted their focus to Melania’s coin.
With Trump’s win Memecoins craze is getting much higher while other assets are surging at their own pace memecoins are getting wider and bigger with Trump’s new meme launch just one day before his official inauguration today.
Meme Mania Continues
Melania’s MELANIA token, launched on January 20, quickly gained traction, with its value surging to over $5 and a market cap exceeding $5 billion. Her announcement encouraged traders to buy the coin, and the market responded with a frenzy of activity.
Analysts observed massive sell-offs in TRUMP as investors rushed to capitalize on the buzz surrounding MELANIA. The Kobeissi Letter described the scenario as “beyond insane,” reflecting the unpredictable nature of these meme coins.
Despite the chaos, both coins reflect the growing influence of meme culture in the cryptocurrency space. While TRUMP briefly dominated headlines with its meteoric rise, Melania’s MELANIA quickly stole the spotlight, showcasing how quickly market sentiment can shift.
How to Buy MELANIA Crypto?
For those interested in purchasing MELANIA, the process involves setting up a crypto wallet, acquiring base cryptocurrencies like Ethereum or Solana, and using decentralized exchanges to swap for MELANIA. The coin is minted on the Solana blockchain, and buyers are encouraged to verify contract addresses to avoid scams.
As TRUMP and MELANIA continue to make waves, the crypto community is left wondering what’s next in this unpredictable crypto space. The clash is real and so is the politics and this choes will stay all through the January with predictions of ups and downs to crashes the world of crypto is stepping to a new era where there will be financial freedom and less dependency on traditional assets. We are excited to see what unfolds next!
