MELANIA on Binance
In the past 24 hours the MELANIA Meme coin has risen to over $13 and then crashed back down to $4. This is after the TRUMP Meme coin also soared to over $75 and then crashed down to around $45 the day before. The MELANIA Meme coin is currently available to swap only on the Solana blockchain through Jupiter exchange.
Solana Blockchain Crashes Under MELANIA
Yesterday many Solana users were upset about the fast that so many people trying to buy MELANIA caused the Solana blockchain to crash, as the only way to currently purchase the token is through Jupiter on the Solana blockchain.
When Will the Token be Available on Binance?
Amidst reports that soon Binance will list the MELANIA Meme for trading on their exchange, the Meme Coin soared to over $13, gaining a market cap of $8,000,000,000 – but since then it has crashed to $4 bringing the market cap down to under 1 Billion dollars.
Binance will launch the Melania (MELANIAUSDT) token on January 20, 2025, at 09:30 UTC. This USDT-settled futures contract is based on the Melania Meme (MELANIA), marketed as the “Official Melania Trump Meme,” and offers 24/7 trading on Binance Futures.
Key features include:
- Tick Size: 0.001
- Maximum Leverage: 25x
- Funding Rate Cap: ±2.00%, with funding fees paid every four hours starting on launch day.
The contract supports Binance’s Multi-Assets Mode, allowing traders to use various margin assets like BTC at adjusted rates. Binance may adjust contract specifications based on market conditions.
As of the writing of this article, the MELANIA Meme coin is still not available for trading on regular Binance exchange but it is available on the Binance futures trading in the following link:
https://www.binance.com/en/futures/MELANIAUSDT
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