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International Business Times
International Business Times
Business
Marvie Basilan

YOU WONT BELIEVE: Moving away from decentralization melania tokenomics draws flak from crypto - What They Never Told You

Melania Trump launched her official token Sunday after Donald Trump launched $TRUMP late on Friday. (Credit: Melania Meme Official Website / Screenshot)

KEY POINTS

  • $MELANIA is allocating 35% to Team Vesting, and 20% to its Treasury
  • Crypto users questioned why the memecoin community is now 'okay' with majority insider-owned tokens
  • Bubblemaps also revealed that 89% of the token supply has yet to be distributed to its designations
  • Many crypto users said they have had trouble swapping their other coins for $MELANIA

Following the billion-dollar jump of the Official Trump (TRUMP) memecoin, incoming First Lady Melania Trump has also launched her own token, Melania Meme (MELANIA), but an increasing number of cryptocurrency users are displeased with the memecoin's tokenomics.

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