Trump Coin Falls Against Rival Melania Meme Coin
Trump Coin Vs Melania Coin: How To Buy The Meme Coins
Donald Trump will be taking charge as the 47th President of the United States today. Meanwhile cryptocurrency prices have shown a remarkable rise in their values, especially the meme coins.
TRUMP And MELANIA
The launch of meme coins $TRUMP and $MELANIA last week has been in hype (after the names of Donald Trump and his wife Melania Trump).
Interestingly, as per the latest trump crypto news, as the Trump coin launched on Friday, January 17, its price surged so much as to place the meme coin in the top 20 cryptos by market capitalization. Its value totalled $14 billion.
However, as the Melania coin launched today, January 20, TRUMP coin price fell 40% to $44.82 from $74.06 within a span of less than 24 hours.
One may know that the Trump and Melania meme coins are fungible cryptocurrency assets, that are similar to digital currencies, that enable transactions and speculative trading. Both coins have been launched on the Solana blockchain network.
Impact On The Crypto Market
As per experts, the newly-launched meme coins, TRUMP crypto and MELANIA crypto , may divert liquidity in the market. The co-founder as well as CEO at Pi42 has said, “The rise of speculative assets such as the TRUMP and MELANIA memecoins diverts liquidity and increases market volatility.”
How To Buy Trump Coin And Melania Coin?
Here’s how you can invest in the coins.
These meme coins can be purchased from crypto exchanges. While $TRUMP coin crypto can be bought on exchanges like Binance, $MELANIA is available on Jupiter for you to make a purchase.
Meanwhile, Melania Trump made a post on X, sharing the link of the official website of her newly-launched meme coin $MELANIA.
How To Buy Trump Coins?
Here are a few steps you will need:
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Visit Binance
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Search ‘Trump/USDT’
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Continue buying the coin/s using USDT
If you are using Binance, you first need to buy USDT before you can make a TRUMP coin purchase. USDT is also a cryptocurrency, but one whose value is linked to the value of the US dollar.
Robinhood: Trump Coin can be traded on the exchange Robinhood, as mentioned on a post on X.
How To Buy Melania Meme Coins?
For buying Melania coins, you will need to have a Solana wallet.
The steps to buy Melania coins are as follows:
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Set up a Solana wallet: Having one already will work. But in case you don’t already have a Solana wallet, you need to create one that supports Solana and this can be the Phantom wallet.
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Visit the official website: Next, you’ll have to head to melaniameme.com.
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Connect your wallet: Clicking on “Collect Wallet” on the website will link your Solana wallet.
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Make the purchase: Finally, you can now purchase the $Melania collectible with a credit card or cryptocurrency. Entering credit card details will deliver the collectible to your Solana wallet within a few minutes to hours.