Melania Trump launches $MELANIA memecoin day before inauguration

| Importance: 6/10 | Status: confirmed

Melania Trump launched $MELANIA memecoin on January 19, 2025, hours before inauguration, causing her husband’s $TRUMP coin to crash 40%. The token reached $13 and a $2.15 billion market cap before dropping below $5. Financial Times later revealed 24 wallets bought $2.6 million worth two minutes before public announcement, cashing out $99.6 million. The coin features 1 billion tokens with 35% reserved for the team, unlocking over 13 months. By May 2025, $MELANIA had crashed 98% from its $133.73 peak, demonstrating family-wide monetization of political power.

Key Actors

Melania Trump Donald Trump Anonymous traders (24 wallets) Trump Family

Tags

crypto conflict-of-interest monetization memecoin insider-trading market-manipulation ethics-violation

Sources (3)

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