The price of the asset Solana hit a record high. It has now fallen by about 16% from its high and is in a correction phase, but his wife Melania's meme coin "MELANI" is
As of 11 a.m. on the 20th, the price of Solana on Bitsom fell 1.26% from the same time the previous day.
The price was 374,800 won (US$350), down more than 16% from its peak price of 450,000 won (US$450) at around 8:16 pm the previous day.
Considering that the price was in the 307,000 won range on the 17th, before the weekend began, it rose by as much as 46% over the weekend.
This rise was influenced by the meme coin "Trump" officially announced by President-elect Trump on social media.
It was issued on the Solana blockchain and was mainly traded on the Solana-based decentralized exchange (DEX).
However, on the 18th (local time), he announced the launch of the meme coin through social media such as True Social and X (formerly Twitter).
He shared the Pumeme coin site and left a message saying, "Celebrate the Victory. Join the Trump Community."
As soon as TrumpCoin was released, the trading volume increased significantly, and it quickly became a
It has risen to 18th place in the global market capitalization rankings. At one point, its trading volume even surpassed that of ZICOIN, the leading meme coin.
In addition, initially, it was only traded on the Solana-based DEX, but it is now being traded on large overseas centralized exchanges such as Binance and OKEx.
However, Trump Coin was listed early on. The price on the day of its launch was trading at around $47, up 625%. The Trump family is not stopping there, as Melania Trump's meme coin
On the 19th (local time), Melania Trump posted a message on X promoting her own meme coin, "MELANIA." President-elect Trump reposted it.
Melania Coin will also be issued based on the Solarna blockchain and can be purchased on the Solarna-based DEX Jupiter. After the launch of Melania Coin, Trump Coin
The price of Solana fell by about 38% in the past. With the Trump family's continued support, some analysts believe Solana has room to rise further despite the current adjustment.
Andrew Kang, co-founder of Mechanism Capital, said through X that Solana could hit $500 this year.
"AMP's official meme coin will be issued on the Solana blockchain, and Trump is also promoting tax relief for US crypto asset projects, including Solana."
2025/01/20 16:15 KST
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