{"id":8690,"date":"2025-01-20T17:01:46","date_gmt":"2025-01-20T17:01:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8690"},"modified":"2025-01-20T17:01:46","modified_gmt":"2025-01-20T17:01:46","slug":"power-couple-split-tokens-trump-crypto-crashes-as-melania-launches-hers","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8690","title":{"rendered":"Power Couple, Split Tokens: Trump Crypto Crashes As Melania Launches Hers"},"content":{"rendered":"
\n

Melania Trump\u2019s sudden entry into the crypto space is making waves. In less than two hours after its January 19 launch, her self-named memecoin, MELANIA, grew to a market value of $6 billion. However, the debut has generated both enthusiasm and skepticism.<\/p>\n

A Fast-Rising Token<\/strong><\/h2>\n

Within minutes of the token\u2019s launch, over 45,000 wallets took it, according to statistics from DEXScreener. Its market value skyrocketed to $6.14 billion in less than two hours, showing the powerful appeal of a cryptocurrency bearing the Trump name.<\/p>\n

At the same time, Donald Trump\u2019s memecoin, TRUMP, suffered a massive blow. It was reported on CoinMarketCap that TRUMP\u2019s price suddenly plunged by 25%; $5 billion was wiped from the valuation of it within just 40 minutes.<\/p>\n

Whether this slump is due to divided interest or greater market forces, though the timing is hard to ignore, cannot be ascertained.<\/p>\n

\n

The Official Melania Meme is live!<\/p>\n

You can buy $MELANIA now. https:\/\/t.co\/8FXvlMBhVf<\/a><\/p>\n

FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P pic.twitter.com\/t2vYiahRn6<\/a><\/p>\n

\u2014 MELANIA TRUMP (@MELANIATRUMP) January 19, 2025<\/a><\/p>\n<\/blockquote>\n

Questions Surround Token Distribution<\/strong><\/h2>\n

While MELANIA\u2019s rise seemed impressive, concerns over its tokenomics surfaced quickly. Its official website claims the tokens were distributed as follows: 35% to the project team, 20% each to the treasury and community, 15% to the public, and 10% for liquidity.<\/p>\n

\n

JUST IN: \"\ud83c\uddfa\ud83c\uddf8\" The bubble map of $MELANIA does NOT match the distribution on their website pic.twitter.com\/Q734sd4ykJ<\/a><\/p>\n

\u2014 Bubblemaps (@bubblemaps) January 19, 2025<\/a><\/p>\n<\/blockquote>\n

These figures were contested by Blockchain analytics group Bubblemaps, which stated in a post on X on January 19 that about 90% of the token supply is kept in a single wallet. Centralization and transparency are called into doubt by this concentration.<\/p>\n


\nRushed Launch And Mixed Reactions<\/strong><\/p>\n

The MELANIA launch seem to have been hurried. Experts have pointed out that the project\u2019s website lacks cybersecurity measures because it was just made the day before it was launched. The site\u2019s badly written code was noticed by an anonymous developer known as \u201ccygaar,\u201d who called it \u201chalf-baked.\u201d<\/p>\n

\n

My guess is that this token was handled by a different team than TRUMP\u2019s. That one looks like professional market makers, this one honestly looks like a college kids pic.twitter.com\/UR9Cbm0Ncw<\/a><\/p>\n

\u2014 Conor (@jconorgrogan) January 19, 2025<\/a><\/p>\n<\/blockquote>\n

Coinbase executive Conor Grogan hinted that MELANIA might not be a scam but probably lacked the slick execution seen with TRUMP\u2019s token. According to him, the token looks amateur compared to TRUMP\u2019s.<\/p>\n

The Trump Name At The Center Of Speculation<\/strong><\/p>\n

Melania promoted the token on X, emphasizing that it\u2019s meant to encourage \u201csupport\u201d and \u201cengagement\u201d rather than serve as an investment. The Trump name has once again caught the interest of both crypto enthusiasts and speculators, in spite of this caveat.<\/p>\n

MKT World LLC, a business Melania founded in 2021, is linked to the intellectual property rights to MELANIA\u2019s website. The project also shares an address with the Trump International Golf Club.<\/p>\n

What\u2019s Next for MELANIA?<\/strong><\/p>\n

There are still concerns over the memecoin\u2019s authenticity and the motivations behind its release. Only time will tell if MELANIA can maintain its pace or if it is destined to follow the boom-and-bust pattern of many other memecoins, given the energy that drove its unexpected surge. For now, the most recent Trump endeavor is being driven by both excitement and skepticism.<\/p>\n

Featured image from AP News, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Melania Trump\u2019s sudden entry into the crypto space is making waves. In less than two hours after its January 19 launch, her self-named memecoin, MELANIA, grew to a market value of $6 billion. However, the debut has generated both enthusiasm and skepticism. A Fast-Rising Token Within minutes of the token\u2019s launch, over 45,000 wallets took […]<\/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-8690","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\/8690","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=8690"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8690\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}