Melania Trump’s official memecoin, known as MELANIA, saw a sudden 10% price bump recently. This happened right after the former first lady posted an unusual message on her social media. However, this quick boost didn’t last. The token still sits a steep 99% below its highest price ever. “Into the future,” Melania declared, even as her token faced deep losses.
The cryptocurrency, built on the Solana blockchain, had a brief moment in the spotlight. Data from CoinGecko shows MELANIA hit a local high of $0.191 on a Wednesday evening. This was a 10% jump in under an hour, up from a low of $0.1736. The unexpected rise came as Melania Trump posted on her official X account, which has 3.8 million followers. She wrote, “Into The Future,” and tagged the token’s official account.
🚨 ¡Última Hora en el mundo cripto! 🚨
El token MELANIA repunta un 10% tras un tweet de Melania Trump.
Sin embargo, este activo sigue siendo un 99% más bajo que su máximo histórico.
Se cuestionan las ventas internas del equipo, acumulando USD $40 millones desde abril.
El… pic.twitter.com/BDACGxKhUN
— Diario฿itcoin (@Blaze Trends)
The post included a video, seemingly made by artificial intelligence. It showed the former first lady promoting the token as a “digital collectible.” She claimed it symbolized support and commitment. The message quickly spread, creating excitement in the crypto community. Yet, it also raised many eyebrows and suspicions.
Into The Future https://t.co/eles222J1r
— MELANIA TRUMP (@MELANIATRUMP)
Trading volume shot up by over 110% in 24 hours, according to CoinMarketCap. This matched the price increase. Still, this surge could not hide the token’s massive overall drop. It remains 99% below its all-time high of $13. That peak was hit in January 2025, soon after its launch. At the time of this report, the MELANIA token traded at $0.1832, showing a 5.7% increase over the last 24 hours.
Hype Fades Quickly
The MELANIA token launched on January 19, 2025. This was just a few days after Donald Trump’s inauguration. It grabbed the crypto market’s attention due to the initial political buzz. Its market value grew past $2 billion at its highest point. Now, it stands at just $144 million, says CoinGecko. This huge fall from its peak shows how speculative memecoins are. Their value largely depends on social media mood and news events.
The TRUMP token, linked to Donald Trump, came out around the same time. It has followed a similar path. Its current market value is $1.5 billion. TRUMP trades at $7.79, which is 89% lower than its all-time high of $73.43. These figures come from CoinGecko. Both tokens initially benefited from excitement about the Trump family returning to the White House. But their value has dropped as early investor enthusiasm cooled. This highlights the risks of cryptocurrencies tied to public figures.
Controversy: MELANIA Insider Sales
Melania Trump’s promotional efforts come at a difficult time for the token. Reports from Cointelegraph indicate sales by wallets connected to the MELANIA token’s team. An estimated $10 million in assets were recently sold off. This adds to $30 million sold in April, according to analysis from experts like Lookonchain and Bubblemaps. These sales represent a big chunk of the team’s total supply, about 5%. They have led to claims of “dumping” and made people doubt the project’s honesty.
“Melania’s video seems like a desperate attempt to revive a token that has lost credibility,” one user posted on X. This echoes critics among crypto influencers. They question if the promotion is truly authentic. Despite the first jump in price, the momentum has slowed over the last 12 hours. This suggests the excitement is only temporary and may soon disappear.
Not Much “Future” Predicted
Even with the recent bounce, experts are careful about what lies ahead. The Fear & Greed Index for MELANIA sits at 53, which is neutral. CoinCodex predicts a possible 23-25% fall in the next few weeks. They suggest an average price of $9.28 by the end of 2025, even in optimistic outlooks. “Memecoins like MELANIA rely on hype, not solid basics,” an analyst told Decrypt. “Without a strong story or a real use, its recovery is unsure.”
The MELANIA token’s price jump, though noticeable, doesn’t erase doubts about its long-term health. Melania Trump tries to paint a picture of “the future” for the asset. But investors watch closely for signs of clarity and steadiness. This is especially true in a crypto market where excitement can disappear as fast as a social media post.