MELANIA Meme Coin Surges 10% Following Partnership with Wintermute

Official Melania Meme (MELANIA) increased by 10% to $0.35 following a partnership with Wintermute aimed at enhancing liquidity.

  • 150 million MELANIA tokens transferred from the community wallet, valued at $50 million.
  • 20 million tokens ($6.62 million) allocated to Wintermute.
  • Trading volume surged by 104% to $38 million; market cap reached $300 million.
  • A revamped website for MELANIA is forthcoming.
  • Increased whale activity and social media engagement noted.

Trump Family Developments

  • Truth Social filed for a spot Bitcoin ETF on June 3, pending approval for listing on NYSE.
  • NYSE Arca submitted Form 19b-4 to SEC for the ETF, which will track Bitcoin prices.
  • Rumors suggest a potential Bitcoin trading application launch by the Trump family.
  • Arkham reports withdrawal of 4.167 million TRUMP tokens, approximately $47 million, from Squads Vault.
  • Tokens subsequently transferred to exchanges including Binance, OKX, Bybit, and Coinbase.
  • SEC Commissioner Hester Peirce stated no official protection for TRUMP coin holders.