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#Melania Trump #MELANIA #TOKEN #TRUMP #MAGA
This is Trump’s World, We’re Just Living in It
Narrative of the Week 📰
The surprise launch of Donald Trump’s official TRUMP memecoin sparks a frenzy among memecoin investors as TRUMP soars to a peak fully diluted valuation of $73B.
📌 Donald Trump announces the official TRUMP memecoin on Solana via both X and Truth Social on the Friday night before his inauguration.
📌 Melania Trump launches a memecoin of her own, MELANIA, just days after the TRUMP coin launch, sparking panic among investors as both coins battle for liquidity.
Why does it matter?
Newly inaugurated US president Donald Trump’s launch of the TRUMP memecoin came as a surprise to most investors, with many surprised at how close the launch was to the inauguration. Nevertheless, the coin quickly consumed all liquidity in the market, with the broader market suffering a drawdown to push TRUMP to an unprecedented high of $73B. As the MELANIA coin launched, liquidity exited TRUMP to acquire MELANIA, which later triggered a wave of speculation on the next “Trump Family coin”, with many launching tokens for Barron, Eric, and Ivanka Trump, as well as for other prominent celebrities.