Just two days after Donald Trump launched the official $TRUMP meme coin and saw its valuation rocket to $15 billion, First Lady Melania Trump is following in her husband’s footsteps. Melania Trump announced the launch of the Melania Meme Coin ($MELANIA) in a post on X, and it’s already seen an 80% gain.
In this guide, we’ll explain how to buy Melania Meme Coin in just five minutes. We’ll also take a closer look at $MELANIA and predict the token’s price in the years ahead.
Melania Meme Coin ($MELANIA) Overview
Melania Meme Coin is a new cryptocurrency launched and endorsed by Melania Trump, wife of President Donald J. Trump. The $MELANIA token was launched on January 19, less than 24 hours before Trump’s inauguration, and announced in an X post by Melania.
$MELANIA’s launch comes less than two days after the launch of OFFICIAL TRUMP ($TRUMP), a meme coin endorsed by Donald Trump. $TRUMP rocketed to a $15 billion market cap within hours of its launch, generating a return of more than 10x. Both $TRUMP and $MELANIA were launched on the Solana blockchain.
Melania Meme Coin began trading at a price of $7.41 and jumped to an all-time high of $13.73 within a few hours, causing a decline in the price of $TRUMP. $MELANIA is now priced around $6 and has a market cap of just over $1 billion, making it the 11th-largest meme coin by valuation. The token is available for trading on many top crypto exchanges already, including MEXC, Bitget, KuCoin, Kraken, and others.
How to Buy $Melania Meme Coin: Step-By-Step Guide
Even though the Melania Meme Coin is brand new, it’s available for trading on a variety of popular exchanges. This makes it easy to buy $MELANIA tokens using standard payment methods, including debit and credit cards.
Here’s how to buy $MELANIA meme coin in a few easy steps.
Step 1: Open a MEXC Account
MEXC is our top-rated exchange for buying $MELANIA tokens because it accepts fiat payments and offers very low crypto trading fees. MEXC was also one of the first exchanges to list $MELANIA, so it has very high liquidity in this token—ensuring you can get the best price.
Even better, MEXC is a no-KYC exchange, meaning you can create an account and start trading without having to verify your identity or upload a government-issued ID.
To get started, visit MEXC and click “Sign Up.” Enter your email address or phone number, then select a password for your account.
Buy $MELANIA on MEXCStep 2: Convert Fiat to USDT
Once you have a MEXC account, you need to convert fiat money (i.e. dollars) into the stablecoin USDT (Tether). This is because $MELANIA trades in a pair against USDT.
From the MEXC dashboard, click “Buy Crypto” and select USD as your purchase currency. Then select USDT as the cryptocurrency to buy and enter the amount you want to purchase. As an example, we’ll set $1,500 as the amount, which comes to 1,462.65 USDT after transaction fees.
Next, click “Payment Method” and select your preferred payment method. MEXC accepts credit and debit cards, SEPA transfers, Apple Pay, and Google Pay, among other options.
When ready, click “Buy USDT” and enter your payment details. Purchased USDT will appear in your account within a few minutes.
Step 3: Visit the $MELANIA/USDT Trading Page
Next, enter “MELANIA” in the search bar at the top of the MEXC dashboard and select MELANIA/USDT. This should be at the top of the results and will be labeled “Spot.”
This will take you to the MELANIA/USDT trading page, where you can then set up a buy order.
Step 4: Set up an Order to Buy $Melania Meme Coin
Now you’re ready to buy $MELANIA. The order form is below the MELANIA/USDT price chart.
Choose whether you want to submit a market order or a limit order. A market order executes your purchase instantly at the current market price, and is the best option for buying $MELANIA in most cases.
A limit order allows you to choose the price you want to pay for $MELANIA, and only executes if the token reaches that price. So, if you choose a limit order, there’s a chance that your order will not execute.
Next, enter how much USDT you want to convert to $MELANIA. If you want to convert all of your USDT balance to $MELANIA, simply move the slider to 100%.
Confirm the details of your purchase, then execute the trade. $MELANIA will be available in your trading account within minutes if you chose a market order.
Step 5: Withdraw $MELANIA Tokens to a Self-Custody Wallet [Optional]
While you can keep your $MELANIA in your MEXC account, this isn’t a good idea. Even trusted exchanges like MEXC have lost users’ funds, either through hacks or bankruptcies.
The better way to store your $MELANIA tokens is in a self-custody crypto wallet. This type of wallet has keys that only you know, giving you complete ownership over your crypto tokens.
We recommend Best Wallet as the best decentralized crypto wallet to hold $MELANIA. It’s very beginner-friendly, highly secure, and is packed with handy features to help you navigate the crypto market. Plus, Best Wallet is completely free.
Visit Best Wallet and follow the links to download and install the app on iOS or Android. Then set up your wallet account following the prompts, and click “Solana” to get the Solana blockchain address for your wallet account (the $MELANIA token operates on the Solana blockchain.
Now, return to MEXC and click “Withdraw.” Select “MELANIA” as the currency you want to withdraw and “Solana” as the network. Paste the Solana blockchain address from Best Wallet into the recipient box and confirm the withdrawal.
Your tokens should appear in your Best Wallet balance within a few minutes.
What Is $Melania Meme Coin?
Melania Meme Coin is a meme cryptocurrency launched by Melania Trump, First Lady and wife of President Donald Trump. The token is officially endorsed by Melania, unlike other Melania-themed meme coins that were not approved by the Trump family.
Melania Meme Coin is a true meme coin with no utility. In fact, the token’s website states that it is not intended to be an investment—even though many crypto traders and investors view the token differently. The $MELANIA token’s price is driven primarily by hype around Trump’s inauguration and Melania’s role as First Lady.
$MELANIA is hosted on the Solana blockchain and is currently the 11th-largest meme coin by market cap. Early in the day, it was bigger than Pudgy Penguins, Dogwifhat, Floki Inu, and many other Solana meme coins.
The project has a supply of 1 billion $MELANIA tokens, although only 192.2 million tokens are in circulation. This means that more than 80% of the token supply is held by Melania, the Trump team, or private investors—a potential red flag for investors, as we’ll discuss below.
Why Invest in $Melania Coin?
Let’s take a closer look at some of the main reasons why investors might consider buying the $MELANIA token.
Explosive Price Potential
$MELANIA launched just two days after the $TRUMP token, which exploded more than 10.5x in just over 24 hours and reached a market cap of more than $15 billion. Even though the $TRUMP token’s price has fallen in the past day, it’s still worth more than $10 billion and is up more than 500% since launch.
There’s a decent likelihood that Melania Meme Coin could deliver similar results. The token jumped 85% in its first hours on the market and reached a market cap of more than $2 billion. While $MELANIA is listed on many major exchanges, it hasn’t listed on Coinbase or Binance yet—and listings on either of those platforms could give the token a major boost.
Endorsed by Trump Team
$MELANIA is the only Melania-themed meme coin officially endorsed by Melania Trump—and by extension, Donald Trump and the rest of the Trump crypto team. That matters to a lot of people, and especially non-crypto voters who support Trump and may consider buying $MELANIA as a way to show their love.
The official position of $MELANIA could also directly benefit the token. For example, it’s more likely that Coinbase and Binance will list this meme coin quickly in order to curry favor with the Trump administration. As President Trump is making changes to crypto regulations, he could also ensure that any new rules benefit meme coins like $MELANIA.
Seamless Trading and Cash-out
The $MELANIA token is currently trading on major crypto exchanges, making it easy for potential investors to buy and sell anytime they want. The token has seen trading volume over $5 billion in a 24-hour period, so it’s unlikely that there will be issues with liquidity.
That’s a major contrast to another Trump-related token, World Liberty Financial. Tokens for that project can’t be traded, and there’s no information on when investors will be able to cash out.
What Are the Risks of Buying $Melania Coin?
While the $MELANIA token is exciting, it also comes with a lot of risks that are important for investors to fully understand. Here are the most important risks to be aware of.
Trump Team Holds Majority of Tokens
One of the biggest risks Melania Meme Coin holds for investors lies in the project’s tokenomics. Whereas most meme coins give all or nearly all of their tokens to the community, only a small portion of $MELANIA tokens are for the community.
Looking at the project’s distribution breakdown, 15% of the total supply is set aside for public distribution, 20% for “community”—it’s unclear what that means—and 10% for exchange liquidity. 20% is set aside for the project’s treasury, which is controlled by the Trump team, and 35% is explicitly set aside for the Trump team with a vesting timeline of 13 months.
All of this means that 13 months from now, Melania Trump could flood the market with 55% or more of the token supply—earning a huge cash profit for the Trump family while sinking the $MELANIA token price for everyone else. It’s impossible to know when a sale will happen, so there’s potentially huge risk in holding $MELANIA as the Trump team tokens begin to vest.
Poor Post-launch Momentum
While $MELANIA rocketed 85% initially, the token is actually down 22% from its launch price less than 24 hours later. That’s not a great sign for the token’s future—most successful meme coins experience at least a few days of upward momentum before giving up ground.
Sentiment indicators around $MELANIA are now bearish. While trading volume is over $6 billion, the token has seen far more selling activity in the last few hours. If the price continues to fall, it could have a very difficult time recovering—especially given the project’s unfavorable tokenomics.
Limited Upside Potential
Despite the token’s poor performance in recent hours, $MELANIA still has a market cap of over $1 billion. That means it has limited upside potential even if the token completely turns things around.
For reference, $TRUMP has a market cap of $10 billion—and $MELANIA is unlikely to match that. A more realistic, but still unlikely, goal is for $MELANIA to beat out $PEPE, which has a $6 billion market cap. That’s at best a 6x gain from the current price. That’s not much for meme coins, and it’s especially weak considering the significant risk investors face because of Melania Meme Coin’s tokenomics.
Final Thoughts on Melania Meme Coin ($MELANIA)
Melania Meme Coin is a Solana cryptocurrency officially endorsed by Melania Trump and the Trump team. While the token generated gains initially, its price is now spiraling downward and may have a difficult time recovering. Worse, $MELANIA is tightly controlled by the Trump team and investors could see their holdings diluted in the future if Melania Trump decides to sell her tokens.
Considering all of this, we don’t think Melania Meme Coin offers a good risk/return opportunity at this time. That said, there are plenty of emerging meme coins with low market caps and enormous growth potential. Check out our complete guide to the best meme coins to learn more.
Check Out the Best Meme CoinsFAQs
What is Melania Meme Coin?
How do I buy Melania Meme Coin?
What is the Melania Meme Coin token supply?
Is Melania Meme Coin legit?
References
In This Article
Free Bitcoin Crash Course
- Enjoyed by over 100,000 students.
- One email a day, 7 days in a row.
- Short and educational, guaranteed!
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed