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$MELANIA coin market cap on February 28, 2025?
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Story
Melania Trump Launches $MELANIA Coin on Solana; $TRUMP Memecoin Plunges Over 60%, Erasing $43 Billion
Jan 19, 2025, 09:45 PM
First Lady Melania Trump has launched her own memecoin, $MELANIA, reportedly on the Solana blockchain. The announcement was reposted by President Donald Trump on his social media accounts. The launch of $MELANIA has caused the existing $TRUMP memecoin to crash by over 60% in less than 30 minutes, erasing up to $43 billion in market capitalization. Some reports indicate that the $TRUMP memecoin's market cap fell by $7.5 billion in just 10 minutes following the announcement. There is speculation that Melania Trump's social media account may have been compromised. The sudden development has left the crypto community astonished, as both $TRUMP and $MELANIA coins are now trading, reflecting the extreme volatility in the memecoin market.
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