Melania Memecoin Price Analysis: Should You Buy MELANIA, or Is XYZVerse the Better Bet?
The post Melania Memecoin Price Analysis: Should You Buy MELANIA, or Is XYZVerse the Better Bet? appeared on BitcoinEthereumNews.com.
The crypto world went wild on January 19 when Melania Trump surprised everyone by launching her own memecoin, MELANIA. The token grabbed global attention almost instantly, skyrocketing in value and turning heads across the market. In just nine hours, MELANIA market cap shot up to an unbelievable $1.5 billion, with the price surging an eye-popping 22,000% to hit $11.85. But the big debut didn’t come without drama. Donald Trump’s TRUMP token took a serious hit, tumbling 38% and wiping out $5 billion in market value in less than an hour. Those who acted fast have managed to reap massive profits. According to a post by Lookonchain, one investor used two wallets to buy MELANIA and earned a staggering $47.5 million. With one wallet, they spent 2,100 SOL (worth $560,000) to buy 1.52 million MELANIA coins, later selling them for $11.5 million, making an $11 million profit. In another wallet, they spent 800,000 USDC to buy 3.84 million MELANIA, sold half for $16.45 million, and still hold $20.85 million worth of coins. Melania Trump announced the coin in a post on X. The hype following the announcement hype was real — DEXScreener showed that over 45,000 wallets jumped in within just an hour of its launch. The project is promising “engagement” and “support” and laid out a tokenomics plan that splits the supply like this: 35% to the team, 15% each for the treasury and community, 10% for public sale, and 5% for liquidity. Still, as MELANIA continues to dominate headlines, the question arises whether it’s just another pump-and-dump or something with staying power. Adding to the mix is XYZVerse, another memecoin that’s quietly creeping into the spotlight. So the big question now is: is MELANIA worth betting on, or could XYZVerse be the smarter choice for anyone looking for long-term…
Filed under: News - @ January 22, 2025 2:21 am