First Woman 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 keeping 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 is just not the one distinguished crypto voice questioning the launch of First Woman’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 assist for MELANIA right this moment, Whereas ByBit and Kraken additionally added assist for the brand new memecoin.
Coinbase govt Conor Grogan says the MELANIA is essentially completely 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 another 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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Disclaimer: Opinions expressed at The Day by day Hodl are usually not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any losses chances are you’ll incur are your accountability. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please word that The Day by day Hodl participates in affiliate internet marketing.
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