Editing Melania Meme

**Melania Meme** (ticker **MELANIA**) is a [[Solana]] memecoin announced by Melania Trump on 19 January 2025, two days after [[Official Trump]].[^1]

## Lore
Melania Trump posted the contract address on Truth Social and X; the token reached a $5.69 billion fully diluted value on [[DEX Screener]] within hours.[^1] Disclosed allocation: 45% community, public distribution and liquidity, 20% treasury and 35% team, vesting monthly over 13 months after a 30-day cliff.[^1] Financial disclosures showed it was launched by MKT World LLC, a company Melania Trump set up for speaking fees and NFT sales.[^1] Its launch coincided with TRUMP falling as much as 48%.[^1]

MELANIA peaked near a $7 billion market cap and fell about 99%, to roughly $80 million, within months.[^2] [[Hayden Davis]] of [[Kelsier Ventures]] described himself as a launch strategist for MELANIA.[^3]

## Timeline
- 2025-01-19: launch[^1]
- 2025-02: [[Bubblemaps]] links MELANIA and [[Libra]] to the same team[^2]
- 2025-04-07: Bubblemaps reports about $30 million of community tokens moved and partly sold[^4]
- 2025-10-23: two "Official Melania Meme" wallets receive about $1.23 million in [[Meteora]]'s MET airdrop[^2]
- 2025-10: amended class action names MELANIA among five tokens[^5]

## Key wallets
Two wallets labelled "Official Melania Meme" on Arkham, melania-liquidity1.sol and melania-liquidity2.sol, received $784,200 and $454,724 of MET on 2025-10-23 and moved the funds on.[^2]

## Controversies
At launch Bubblemaps said nearly 90% of supply sat in one wallet, inconsistent with the stated distribution.[^6] In April 2025 it reported about 50 million tokens (about $30 million) moved out of community allocations, with team wallets controlling 92% of supply; the team did not explain the movements at the time.[^4]

According to Bubblemaps, a [[Sniping|sniper]] wallet took more than $2.4 million from the MELANIA launch and routed profits to an address that later funded the LIBRA creator wallet.[^7] *Hurlock v. Kelsier Ventures*, a class action in New York, alleges Meteora co-founder Benjamin Chow, Kelsier Ventures and the Davis family ran a scheme across at least 15 tokens including MELANIA; it describes Melania Trump and Javier Milei as "window dressing", not defendants.[^5] Chow, who resigned from Meteora in February 2025, has denied receiving LIBRA tokens or having insider information.[^5] These are allegations.

## See also
- [[PolitiFi]]
- [[Jeo Boden]]
- [[Doland Tremp]]
- [[Celebrity memecoins]]
- [[YZY]]
- [[Broccoli]]
- [[Iggy Azalea]]
- [[Haliey Welch]]

## References
1. [Donald Trump memecoin crashes 48% as Melania Trump launches her own memecoin](https://www.theblock.co/post/335637/donald-trump-memecoin-crashes-48-as-melania-trump-launches-her-own-memecoin), The Block, 2025-01-19
2. [Wallets Tied to Melania Trump Meme Coin Airdropped $1.2 Million in Meteora Tokens](https://decrypt.co/345768/wallets-melania-trump-meme-coin-airdropped-1-2-million-meteora-tokens), Decrypt, 2025-10-23
3. [Milei's Meme Coin Advisor Says He's Sitting on $100M and Doesn't Know What to Do With It](https://decrypt.co/306412/javier-milei-meme-coin-advisor-hayden-davis-100m), Decrypt, 2025-02
4. [Melania Trump memecoin team sold $30 million: Bubblemaps](https://cointelegraph.com/news/melania-trump-memecoin-team-sold-30-million-bubblemaps), Cointelegraph, 2025-04
5. [Class action lawsuit claims Ben Chow orchestrated Melania, LIBRA memecoin fraud](https://www.theblock.co/post/375832/ben-chow-melania-libra-memecoin/), The Block, 2025-10-23
6. [Melania Trump memecoin launches, notches $4B market cap](https://cointelegraph.com/news/melania-trump-memecoin-launches-notches-4-b-market-cap), Cointelegraph, 2025-01-19
7. [How Hayden Davis Rugged $LIBRA for $100M With President Milei](https://blog.bubblemaps.io/how-hayden-davis-rugged-libra-for-100m-with-president-milei/), Bubblemaps, 2025-03-25
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