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Trump & Melania Launch Competing Memecoins

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Written By
Christian Harris
Contributor Image
Written By
Christian Harris
Christian is a seasoned journalist with decades of experience. He transitioned from tech journalism to finance to follow his interest in investing. He has been trading stocks, futures, forex, and cryptocurrencies for more than 5 years, becoming an eToro Popular Investor. With hands-on expertise across various assets, he offers valuable trading insights.
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Updated
Jan 20, 2025

US President Donald Trump and First Lady Melania Trump have each launched their own cryptocurrency memecoins, $TRUMP and $MELANIA, sparking significant interest in the crypto trading community.

Key Takeaways

  • Speculation Fuels $TRUMP Popularity: Traders are anticipating potential endorsements or use cases tied to Trump’s brand, boosting $TRUMP’s traction.
  • Rapid Gains for $MELANIA: Following its announcement, $MELANIA surged in value, rewarding early investors with impressive returns.
  • High Risk: Trading volumes and wallet activity for both tokens are surging at the time of writing, but memecoins remain highly volatile and speculative, warranting extreme caution.

Analysts suggest that the launch of politically affiliated tokens could signal a new trend in digital assets, blending social movements, speculation, and financial innovation.

These memecoins come as the broader cryptocurrency market rallies, fuelled by optimism over a more crypto-friendly regulatory environment under the Trump administration.

$TRUMP 4-hour chart 20 January 2025
$TRUMP 4-Hour Chart

Where Can I Buy $TRUMP And $MELANIA?

Both tokens are built on the Ethereum blockchain using ERC-20 standards, ensuring compatibility with decentralized exchanges (DEXs) like Uniswap and PancakeSwap.

Several top brokers and exchanges have also confirmed plans to list $TRUMP, providing more accessibility for traders:

  1. eToro: Highly trusted. Terrific, intuitive platform. Crypto copy trading.
  2. Coinbase: Beginner-friendly. Low fees. Earn rewards through staking.
  3. Kraken: Advanced tools. Huge range of altcoins. Quick sign-up.