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Thursday, February 20, 2025

How to trade Trump and Melania Coins in UAE

By Century Financial in 'Blog'

How to trade Trump and Melania Coins in UAE
Understanding Melania and Trump Coins

As we introduce MELANIA and TRUMP coins to our application, it's essential to understand what these cryptocurrencies are and what they represent. Both coins have emerged as notable "political memecoins," blending the speculative appeal of memecoins with political branding.

What are Memecoins?

Memecoins are cryptocurrencies linked to internet trends, memes, and pop culture. They often feature names, characters, or images popular on social media, making them attractive to investors looking to engage with internet culture through digital assets. These coins are created using blockchain technology, where tokens are hexadecimal numbers stored on a network to facilitate transactions.


TRUMP Coin Explained

TRUMP coin, also known as $TRUMP, is a decentralized cryptocurrency endorsed by Donald Trump and created by CIC Digital LLC and Fight Fight Fight LLC. Launched on January 17, 2025, just before Trump's inauguration, it features his likeness in its branding. TRUMP operates on the Solana blockchain, utilizing the SPL token standard. With a maximum supply of 1 billion tokens, TRUMP aims to integrate into political fundraising and merchandise sales.

Key Differences

While TRUMP and MELANIA exist in the same "political memecoin" ecosystem, they have several differences:

TRUMP COIN MELANIA COIN
Launch Date January 17, 2025 January 19, 2025
Mascot Donald Trump Melania Trump
Blockchain Solana, SPL token standard Solana, SPL token standard
Max Supply 1 billion tokens, with 200 million initially in circulation 500 million tokens, with 100 million initially released
Use Case Memes, trading, political fundraising Supporting charitable causes, trading
Focus Memecoin-centric, potential for political fundraising and merchandise Balances philanthropy with memecoin appeal
Inflation Model Deflationary, using token burns to control supply Semi-deflationary, with a percentage of each transaction donated or burned

Market Performance

Both coins experienced significant attention upon launch. In its first week, TRUMP gained a market capitalization of over $10 billion, while MELANIA reached approximately $2 billion. As of Monday afternoon of Trump's inauguration, the two coins had a combined value of $9.5 billion. However, meme coins are known for their volatility as their value fluctuate based on hype and public perception.


Are They Investments?

The websites for both TRUMP and MELANIA coins state that they are not intended to be investment opportunities. Instead, they are described as digital collectibles or expressions of support. Experts caution against using traditional financial models to evaluate memecoins, as their value is heavily influenced by internet culture, virality, and community sentiment.


How can I trade TRUMP Coin in UAE?

$TRUMP can be traded on both centralized exchanges and Solana-compatible decentralized exchanges that support SPL tokens.

You can trade, invest in Trump coin via Century Financial, we provide a seamless and secure trading experience, allowing you to access and trade a wide range of digital assets, including the newly introduced TRUMP and MELANIA coins.

You can seize crypto market opportunities in real time with advanced tools, intuitive analytics, and a seamless, user-friendly interface—without the hassle of managing wallets, ledgers, or gas fees.

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