Trump and Melania meme coins have taken crypto markets by storm, with their combined market caps soaring past $9.5 billion in January 2025. The Trump coin ($TRUMP) claimed the lion’s share at $8.3 billion, while Melania’s token ($MELANIA) reached $1.2 billion. Not bad for digital collectibles with zero actual utility. Experts warn that non-refundable transactions make these meme coins particularly risky for investors. The coin’s explosive growth led to a remarkable achievement as it quickly became one of the top 20 cryptocurrencies.
The real fireworks started when Team Trump announced private dinner access for top token holders. The promotion sent $TRUMP surging 60% overnight, despite having previously crashed 88%. Nothing says “democracy” quite like buying your way into a presidential dinner party. Senator Chris Murphy called it “the most brazenly corrupt thing a President has ever done.” He might have a point.
It’s been a wild ride for both tokens. $TRUMP peaked at $75 before taking a brutal 40% nosedive when $MELANIA launched. Meanwhile, Melania’s coin shot up 2000% at launch before reality set in. Now it’s trading at a measly $0.4637. So much for digital fashion statements.
Traditional investors are scratching their heads trying to value these tokens. Good luck with that. Business schools don’t teach measuring “culture, virality or communities” – the actual drivers behind meme coin prices. Both projects carefully dance around investment terminology, preferring safer labels like “digital collectibles” and “expressions of support.”
The White House tour access offer for top $TRUMP holders raised more than a few eyebrows. Critics at Accountable.US blasted it as a “bidding war” for presidential access. But hey, at least buyers get something tangible for their crypto – even if it’s just a fancy dinner and some selfie opportunities.
Current trading shows $TRUMP holding steady around $40, while $MELANIA has dropped to $0.49 from its January peak of $13.76. Whether these tokens maintain their value is anyone’s guess. One thing’s certain: the intersection of presidential power and crypto has created quite the circus.
