Melania Trump’s $MELANIA cryptocurrency achieved a market capitalization of around $1 billion hours after its launch

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Melania Trump’s $MELANIA cryptocurrency achieved a market capitalization of around $1 billion hours after its launch

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The token, which was launched on Solana, quickly achieved a total value of about $1.6 billion after its release, according to CoinGecko.

At their peak, the two coins were worth a combined $88 billion in fully diluted market capitalization. However, as of midnight, they had given back more than one-third of that value.

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$MELANIA coin overview

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