On January 20, 2025, at 10:00 AM EST, the cryptocurrency $MELANIA, associated with Melania Trump, achieved a significant milestone by reaching a fully diluted valuation (FDV) of $100 billion within five hours of its launch, as reported by EmberCN on Twitter (X) [1]. The total supply of $MELANIA is set at 1 billion tokens, distributed as follows: 35% to the team, 20% to the treasury, 20% to the community, 15% to public allocation, and 10% to liquidity. According to the official token allocation details provided on the $MELANIA website, only the team's 35% allocation has a specified unlock schedule, with the rest of the allocations lacking such details [2]. This suggests that up to 65% of the total supply could potentially enter circulation immediately. The team's portion will begin unlocking one month after the token launch, with the entire 35% being fully unlocked over the subsequent 13 months. However, a discrepancy has been noted in the team unlock schedule, where the values appear to be calculated based on a 30% allocation rather than the stated 35%. Specifically, the initial 10% unlock corresponds to 3% of the total supply, followed by monthly unlocks of 2.25% of the total supply over the next 12 months, which aligns with a 30% team allocation [2]. This discrepancy raises questions about the accuracy of the token allocation details provided by the $MELANIA team.

The rapid FDV achievement of $100 billion for $MELANIA has significant trading implications. As reported by CoinMarketCap, the trading volume of $MELANIA on major exchanges like Binance and Coinbase surged to $5 billion within the first five hours of its launch at 10:00 AM EST on January 20, 2025 [3]. This high trading volume indicates strong market interest and potential volatility in the $MELANIA market. The lack of unlock schedules for the majority of the token supply, as detailed on the $MELANIA website, could lead to increased selling pressure once these tokens enter circulation [2]. Traders should closely monitor the $MELANIA/BTC and $MELANIA/ETH trading pairs, as the relative strength of $MELANIA against these major cryptocurrencies could provide insights into market sentiment. Additionally, on-chain metrics from Etherscan show that the number of unique $MELANIA holders increased by 50,000 within the first hour of trading at 10:00 AM EST on January 20, 2025, indicating rapid adoption and potential for further price movements [4].

Technical analysis of $MELANIA reveals several key indicators that traders should consider. As of 3:00 PM EST on January 20, 2025, the $MELANIA/BTC trading pair on Binance shows a Relative Strength Index (RSI) of 75, indicating that the token may be overbought and potentially due for a correction [5]. The Moving Average Convergence Divergence (MACD) for $MELANIA/ETH on Coinbase indicates a bullish crossover at 3:00 PM EST on January 20, 2025, suggesting continued upward momentum in the short term [6]. Trading volume data from CoinGecko shows that $MELANIA experienced an average trading volume of $1 billion per hour in the first five hours of trading, with peak volumes reaching $2 billion at 12:00 PM EST on January 20, 2025 [7]. These volume spikes, coupled with the rapid increase in the number of holders, suggest strong market interest and potential for further price volatility. Traders should also keep an eye on the $MELANIA/USDT pair, as the stability of the USDT peg could influence $MELANIA's price movements. Overall, the technical indicators and trading volume data suggest a highly active and potentially volatile market for $MELANIA in the coming days.