Key Points
- Binance Futures will launch the MELANIAUSDT contract at 09:30 (UTC).
- Bybit additionally listed the Perpetual Contract with as much as 50x leverage.
Earlier at present, Binance introduced the launch of a brand new futures contract for the MELANIA token to increase customers’ buying and selling decisions and improve their general expertise on the platform.
Binance Futures Listing Details
In its official announcement, Binance revealed that it’ll record the MELANIAUSDT Perpetual Contract with as much as 25x leverage at 09:30 (UTC).
Binance referred to the official token web site for particulars on distribution.
MELANIA Token Distribution
According to the mission’s official web site:
- 15% of the tokens are for public distribution.
- 10% of the tokens are for liquidity.
- 20% of the tokens are for the group.
- 20% of the tokens are for the Treasury.
- 35% of the tokens are set for crew vesting.
Team Token Vesting Schedule
Here is the crew token vesting schedule, in accordance with the official web site of the mission:
- Day 1-30: The preliminary lock interval
- Day 30: 10% of the crew allocation will likely be unlocked, representing 3% of the overall provide
- Months 2-13: The remaining 90% will vest linearly, and about 2.25% of the overall provide will likely be launched month-to-month
- Month 13: The full vesting will likely be accomplished
Also, official notes spotlight that the vesting schedule ensures long-term dedication from the crew whereas step by step rising the circulating provide.
At the second of writing this text, MELANIA is buying and selling above $12.3 and the coin has a market cap of over $2 billion.
Today, January 20, Bybit additionally listed the MELANIAUSDT Perpetual Contract with as much as 50x leverage.
The whole provide of MELANIA tokens is 999.99 million cash and the utmost token provide is 1 billion MELANIA tokens.
The circulating provide is 162.21 million tokens.
What is MELANIA?
Melania Trump announced in a put up on X on January 19 the launch of the Official Melania Meme, telling customers that they might begin shopping for the MELANIA coin. Donald Trump additionally reposted his spouse’s announcement by way of his X account.
On the official web site, the official token tackle is listed as: FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P on the Solana blockchain.
Also, the notes reveal that merchants should purchase MELANIA cash by way of the official web site utilizing a debit card or crypto. The mission teamed up with Jupiter to supply a safe and straightforward buying expertise.
The notes additionally spotlight that MELANIA memes are meant for gathering and leisure functions solely, and they don’t seem to be monetary devices or investments.
