The MELANIA token was launched by Melania Trump, following the trend set by her husband, Donald Trump, with his own meme coin, $TRUMP. Here's an overview based on available information:
Launch: The token was introduced on January 19, 2025, on the Solana blockchain, which has been noted for its capacity for high transaction speeds and low fees, making it suitable for meme coins like MELANIA.
Market Reaction: Upon launch, MELANIA experienced a significant surge in value, with reports indicating it hit a market capitalization of billions within hours of its announcement. This rapid increase in value was accompanied by a corresponding decline in the value of Donald Trump's $TRUMP token, suggesting a market shift or investor reallocation$TRUMP
