When the President of the United States releases a meme coin, almost everyone wants a piece, regardless of the tokenomics. But TRUMP and MELANIA are down significantly from their pre-inauguration frenzy, and other coins with utility and better fundamentals are attracting attention.
For many Americans, the trump meme coin may have been the first offering from the trump family in the crypto world that they were familiar with. But in fact, the President’s meme coin is one of a line of products including NFT collections, such as Melania Trump’s widely publicized “POTUS NFT Collection,” which featured iconic moments from Trump’s presidency.
These NFTs gained initial traction but faded quickly, much like the TRUMP coin's price action. Beyond that, Trump’s World Liberty Financial Initiative (WLFI) has launched its own token, aiming to bring decentralized finance to the masses.
While the idea of a presidential meme coin was entertaining, these projects have struggled to deliver any long-term value, leaving traders looking for alternatives with stronger fundamentals and real utility.
$Trump goes up a bit on the daily but is down by half from its all-time high of $73. The coin is currently trading at $29.30.
Shortly after the release of TRUMP came MELANIA. This then led to the creation of a memecoin for every member of the Trump family, even extended family and his ex-wife. However, unlike TRUMP and MELANIA, these coins were unofficial.
This meant that the likelihood of them getting an almost instant CEX approval on Coinbase and Binance was very low, unlike TRUMP and MELANIA which got listed very quickly.
Like the Trump coin, the Melania coin has plummeted, down from its all-time high, and just up by 14% of the initial listing price according to data from Coingecko.
Both meme coins have troubling tokenomics, with around 80% of the supply kept for the team. The Coinbase CEO has received criticism after saying that a radical overhaul of their token approvals is needed, due to the rate of token creation.
MELANIA and TRUMP were listed on Coinbase under ‘experimental assets’.
For most people, the allure of meme coins is the potential to make a lot of money from a small bet. But that’s what it is - a gamble. While the best rewarding things in crypto often come with a certain amount of risk, those looking for meme coin-like gains but on a stable foundation, with good tokenomics, would do well to look at Elluminex.
Like a meme coin, it's being released initially at a very low price. And unlike $Melania and $Trump, there’s plenty of time for everyone to get involved, because Elluminex is in presale at the first stage. This means that the coin will increase in price as each stage completes, before listing on the market.
Elluminex is a DeFi project built on the TON blockchain, aiming to create an all-in-one hub for decentralized finance.
Unlike meme coins such as TRUMP and MELANIA, Elluminex focuses on practical utility. It’s designed to bring essential features like a decentralized exchange, cross-chain bridging, TON premarket coin access, and AI-powered portfolio tracking to TON’s growing ecosystem.
The project is important because of its commitment to simplicity and accessibility. Its user-friendly interface is designed to make DeFi intuitive, even for those new to crypto.
The included learning academy further supports users who want to explore advanced DeFi tools. By addressing gaps in the TON ecosystem, Elluminex is positioning itself as the go-to platform for TON users who want more than just memes and games.
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