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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 all of a sudden 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 is just not 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 assist for MELANIA at the moment, Whereas ByBit and Kraken additionally added assist for the brand new memecoin.
Coinbase government 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 price 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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Disclaimer: Opinions expressed at The Day by day Hodl usually are not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any losses it’s possible you’ll incur are your accountability. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please be aware that The Day by day Hodl participates in internet online affiliate marketing.
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