Jan 23, 2025
Ibiam Wayas
Just before his inauguration, President Donald Trump launched his official $TRUMP meme coin, which got many talking in the crypto space.
At the peak price, Trump’s meme coin gained over $15 billion market cap, skyrocketing into the top 20 by crypto.
While many were still grappling with the news, Trump’s wife, Melania, also launched her own cryptocurrency.
The MELANIA token employs a unique token economic model distinct from TRUMP, allocating 35%(Team), 20%(Treasury), 20%(Community), 15% (Public Offering), and 10% (Liquidity).
Unlike TRUMP, where the team share must be locked for three years, MELANIA requires only a 30-day lock period. After 30 days, 10% of the team share will be unlocked.
At the time of publication, TRUMP was trading at $38.89, down from a $75.35 high, while the MELANIA coin was trading at $4.68, down from a $13.73 high.
The launch of TRUMP and MELANIA coins has got many saying that it seems crypto is becoming a family business.
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