Melania Trump, wife of the 47th U.S. President, Donald Trump, launched her own official meme coin, $MELANIA, on the night before Trump’s presidential inauguration. It debuted just two days after the launch of $TRUMP, another official meme coin linked to the current U.S. president.
Both tokens are built on Solana and initially attracted significant interest, followed by even greater volatility, an expected pattern for meme coins.
Read on to learn how to swap MELANIA for BTC if you want to cash out your meme coin.
How to Swap MELANIA for BTC, Step by Step
If you think the time has come to sell your MELANIA tokens, you can easily convert them to bitcoin without having to sign up for an exchange.
The Xverse Cross-Chain Swap makes it easy to swap MELANIA for BTC simply by connecting your Solana wallet and your Xverse wallet to do the trade.
Here’s how it works:
Log Into the Xverse Web App
Open Xverse swap on your Xverse web app.
Connect Your Wallet
Click on the ‘Connect wallet’ option.
The MELANIA token is based on the Solana blockchain, so you need a Solana wallet with the tokens.
Choose The MELANIA To BTC And Amount To Swap
Select the token you want to swap (MELANIA), the amount, and the token you will be receiving (BTC). Remember to have a sufficient amount of SOL to cover gas fees.
Await Completion of the Transaction
Cross-chain swaps, i.e., from Solana to Bitcoin, can take up to 30 minutes.
And that’s it!
After you’ve hit swap, you just need to wait for your BTC to arrive in your wallet.
If you need a fast and simple way to swap your MELANIA tokens (or various other EVM-compatible tokens) for BTC, the Xverse cross-chain swap offers a seamless and efficient solution.
Should You Sell Your MELANIA Coins?
Meme coins are known for their extreme volatility, and $MELANIA is no exception. While the token generated initial hype due to its association with a high-profile political figure, its long-term value in the financial markets remains uncertain.
If you’re considering selling, here are a few factors to weigh:
Market Sentiment
Meme coins often thrive on social media buzz and speculative trading. If interest in $MELANIA starts to fade, its price could drop quickly. Monitoring online discussions, trading volumes, and sentiment shifts can help you make a more informed decision.
Political Influence
Given its ties to Melania Trump, the token’s value could be influenced by political events, media coverage, and even policy decisions. Any major news related to the Trump family could cause price fluctuations.
Profit-Taking vs. Holding
If you’re in profit, cashing out a portion of your holdings can help you secure gains while keeping some exposure in case of further price spikes. If you’re holding at a loss, you’ll need to decide whether to wait for a potential rebound or cut losses.
Liquidity & Exchange Support
Ensure that the token remains liquid and easy to trade. If $MELANIA loses traction and trading volumes decrease, swapping it for BTC or other assets might become more difficult.
Long-Term Viability
Unlike bitcoin or established cryptocurrencies, meme coins often lack fundamental utility. If you believe in $MELANIA as more than a short-term speculative asset, you may choose to hold, but if its primary appeal is hype-driven, selling at peak interest could be the smarter move.
Ultimately, the decision to sell depends on your risk tolerance, investment strategy, and market conditions. But whatever you do, just remember not to risk more than you can afford to lose–especially when it comes to meme coins.
