{"id":8649,"date":"2025-01-20T14:16:54","date_gmt":"2025-01-20T14:16:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8649"},"modified":"2025-01-20T14:16:54","modified_gmt":"2025-01-20T14:16:54","slug":"melania-token-hit-13-after-gaining-support-from-major-crypto-exchanges","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8649","title":{"rendered":"MELANIA Token Hit $13 After Gaining Support From Major Crypto Exchanges"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>The meme coin hit a $2 billion market cap, rebounding to $13 after Binance and Bybit allowed trading services with it.<\/li>\n<li>With 88% of supply in one wallet, MELANIA\u2019s centralization raises manipulation risks amid high volatility.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/MELANIA_CB.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-379496\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/MELANIA_CB.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/MELANIA_CB.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/MELANIA_CB-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/MELANIA_CB-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/MELANIA_CB-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/MELANIA_CB-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>MELANIA on the Run<\/h2>\n<p><span data-preserver-spaces=\"true\">Donald Trump, the upcoming president of the USA, whose inauguration is later today (January 20), and his wife, Melania Trump, have made serious waves in the crypto sector lately. Both of them launched meme coins, and as it turned out, they turned into sensations.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Melania Meme (MELANIA) <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/trump-token-crashes-over-50-as-melania-trump-launches-meme-coin\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">saw the light of day<\/span><\/a><span data-preserver-spaces=\"true\"> several hours ago, and its market cap exploded to almost $2 billion mere hours later. Its price surpassed $13 before falling below $7.50.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Ever since that dip, though, the valuation started heading north again. It crossed $13 again, while its market cap crossed the $2 billion mark, placing MELANIA among the top 100 biggest cryptocurrencies. Currently, the asset is <\/span><span data-preserver-spaces=\"true\">placed<\/span><span data-preserver-spaces=\"true\"> on the 74th spot (per CoinMarketCap\u2019s data) after another correction that pushed it down to $8.<\/span><\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-20-160109.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-379550\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-20-160109.png\" alt=\"\" width=\"1502\" height=\"598\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-20-160109.png 1502w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-20-160109-300x119.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-20-160109-1024x408.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-20-160109-768x306.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-20-160109-50x20.png 50w\" sizes=\"auto, (max-width: 1502px) 100vw, 1502px\"><\/a><\/p>\n<p><span data-preserver-spaces=\"true\">MELANIA\u2019s previous rally was likely fueled by Binance and Bybit, which allowed trading services with the meme coin. The former <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.binance.com\/en\/support\/announcement\/binance-futures-will-launch-usd%E2%93%A2-margined-melaniausdt-perpetual-contract-with-up-to-25x-leverage-4587fb07ff3d42af85f5ccfa94c2e97c\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">introduced<\/span><\/a><span data-preserver-spaces=\"true\"> MELANIA\/USDT perpetual contracts with up to 25x leverage. Bybit <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/Bybit_Official\/status\/1881235214745104707\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">launched<\/span><\/a><span data-preserver-spaces=\"true\"> the same offering but with up to 50x leverage.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">These products allow traders to speculate on token prices without owning them and can <\/span><span data-preserver-spaces=\"true\">be held<\/span><span data-preserver-spaces=\"true\"> indefinitely. They offer high reward potential but <\/span><span data-preserver-spaces=\"true\">come with<\/span><span data-preserver-spaces=\"true\"> significant risks due to leverage and liquidation exposure.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Support from two of the biggest cryptocurrency exchanges usually <\/span><span data-preserver-spaces=\"true\">has a positive effect on<\/span><span data-preserver-spaces=\"true\"> the prices of the involved assets due to increased liquidity, improved accessibility, and boosted credibility.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Beware the Risks<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">MELANIA\u2019s pump might be pretty impressive, but investors should <\/span><span data-preserver-spaces=\"true\">keep in mind<\/span><span data-preserver-spaces=\"true\"> the volatile nature of such tokens, hence the risks of devastating losses.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In addition, 88% of the meme coin\u2019s total supply is held by a single wallet, which indicates a high concentration of ownership. Reduced decentralization makes such projects vulnerable to manipulation since the large holders can easily influence the market performance by dumping their holdings (for example).\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">People are warned to jump on the bandwagon only after conducting proper research and invest only as much as they are ready to part with.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/melania-token-hit-13-after-gaining-support-from-major-crypto-exchanges\/\" rel=\"nofollow\">MELANIA Token Hit $13 After Gaining Support From Major Crypto Exchanges<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR The meme coin hit a $2 billion market cap, rebounding to $13 after Binance and Bybit allowed trading services with it. With 88% of supply in one wallet, MELANIA\u2019s centralization raises manipulation risks amid high volatility. MELANIA on the Run Donald Trump, the upcoming president of the USA, whose inauguration is later today (January [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-8649","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8649"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8649\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}