
Official Melania Meme
MELANIA#196Official Melania Meme is a Solana meme token promoted as the coin of US First Lady Melania Trump; it has no product or function.
- Market cap
- $104M
- Volume 24h
- $8.16M
- All-time high
- —
- Circulating supply
- 1B
Fails our Shariah screening. Needs caution: business model. Fails: nature of the asset, gambling (maysir), excessive uncertainty (gharar), usage, and benefit and harm (maslahah).
- 2 pass
- 1 caution
- 5 fail
Verdict history
- Not halalCurrent
First publication
Fundamentals, market picture and news will appear here.
About Official Melania Meme
Official Melania Meme is a Solana meme token promoted as the coin of US First Lady Melania Trump; it has no product or function.
MELANIA is a meme token on the Solana blockchain. It was launched on 19 January 2025, a day before the inauguration of Donald Trump, and promoted as the official coin of Melania Trump. The project itself calls the tokens digital collectibles that express support and says they are not an investment. The token has no staking, no governance and no other function.
The price passed $13 on the first day and then fell by more than 99%. Blockchain analytics firm Bubblemaps said in April 2025 that team wallets held 92% of the supply and that $30 million worth of tokens had been moved out of community funds and was being sold without explanation. Hayden Davis of Kelsier said he took part in the launch and that his team bought the token in the first seconds.
A class action lawsuit in the United States alleges that the launch was part of a coordinated scheme run by people behind the Meteora exchange and Kelsier Ventures. The plaintiffs do not accuse Melania Trump herself.
Sources · 8
- CoinMarketCap: Official Melania Meme
- Melania Meme: official website
- Solscan: MELANIA token
- Cointelegraph: Melania Trump’s memecoin team ‘quietly sold’ $30M, says Bubblemaps
- CoinDesk: Creator of Controversial LIBRA Memecoin Introduced MELANIA, Says He Sniped Both Tokens
- The Block: Class action lawsuit claims Ben Chow orchestrated Melania, LIBRA memecoin fraud
- Decrypt: Melania Trump, Javier Milei Used as 'Props' for Meme Coin Fraud, Lawsuit Alleges
- Is Melania Meme Halal?: CryptoUmmah coin audit
AI-assisted analysis checked against sources. Not a fatwa or investment advice.
Key facts
- Launched
- Jan 19, 2025
- Creator
- MKT World LLC
- Issuer
- MKT World LLC
- Consensus
- Other
What it is used for
- Collecting and holding as a show of support
- Speculative trading on exchanges
Market data
- Market cap
- $104MRank #196
- Fully diluted value
- —
- Volume 24h
- $8.16M7.84% of market cap
- Total supply
- 1B MELANIAIssued so far
- All-time high
- —
- All-time low
- —
- Circulating supply
- 1B MELANIA
- Max supply
- —No fixed cap
Where it trades
Section in preparation
Similar halal assets
Halal verdict, same category