First Girl Melania Trump has launched her personal memecoin on the Solana (SOL) blockchain, which rapidly skyrocketed to a valuation exceeding $9.4 billion simply hours after its launch.
Melania Trump’s social media platform X account abruptly introduced that MELANIA was live for buying and selling on Sunday.
In accordance with Bubblemaps, there are main discrepancies between MELANIA’s reported tokenomics and precise distribution.
“JUST IN: The bubble map of MELANIA does NOT match the distribution on their web site.”
Bubblemaps shouldn’t be the one distinguished crypto voice questioning the launch of First Girl’s new coin.
Former White Home Communications Director Anthony Scaramucci expressed robust disapproval of any tokens related to Trump, likening them to “Idi Amin-level corruption.”
Regardless of criticism, Binance announced it was launching help for MELANIA at present, Whereas ByBit and Kraken additionally added help for the brand new memecoin.
Coinbase govt Conor Grogan says the MELANIA is essentially totally different from the launch of the TRUMP memecoin.
“This Melania coin which launched a couple of minutes in the past (and is value just a few billion) seems to be structured in a different way than TRUMP.
Creator pockets was funded by a pockets that traded on PumpFun, and there’s no signal of a multisig (Trump had one setup pre-launch).”
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