• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

MELANIA Coin's Entry Drops TRUMP Coin Value by 55%

user avatar

by Giorgi Kostiuk

a year ago

Recently, Melania Trump, the former First Lady of the U.S., announced the launch of her meme coin MELANIA. This event significantly impacted the existing TRUMP coin launched by her husband Donald Trump.

Launch of MELANIA Meme Coin

On January 20, Melania Trump announced the launch of MELANIA cryptocurrency on the X platform, accompanied by her tweet.

The Official Melania Meme is live! You can buy $MELANIA now.Melania Trump

Impact on TRUMP Coin

The launch of MELANIA led to a sharp decline in demand for the TRUMP coin, resulting in its market cap dropping by 55% within just 10 minutes. This situation led to a significantly higher number of sell orders compared to buys.

Before the repost and breaking news post, $TRUMP was little changed...None

Overall Market Trends

The launch of MELANIA also affected the Solana (SOL) cryptocurrency, dropping its price by nearly 20%. However, despite the volatility, TRUMP coin still holds around 824,000 holders.

The selling pressure was so strong that Solana, $SOL, fell nearly 20% in minutes...None

The launch of the new MELANIA cryptocurrency has significantly impacted the market, affecting the value of TRUMP coin and Solana. Despite the current decline, the TRUMP coin still attracts a large number of holders and has potential for stabilization in the future.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin and altcoins exhibit significant Kimchi premiums in South Korea.

chest

Bitcoin and several altcoins are trading at notable premiums in the South Korean market as of December 15.

user avatarMaria Fernandez

Wealthy Investors Drive Record Issuance of Structured Equity Notes in Asia

chest

Wealthy investors are driving the issuance of structured equity notes in Asia past $200 billion this year, fueled by a strong interest in Hong Kong and Singapore stocks.

user avatarGustavo Mendoza

Emerging 100x Crypto Contenders for 2025

chest

Several projects are being highlighted as potential 100x growth candidates alongside IPO Genie.

user avatarRajesh Kumar

Federal Reserve Cuts Interest Rates, Impacting Treasury Yields

chest

The US Federal Reserve has announced a cut in interest rates, leading to a rise in long-term US Treasury yields.

user avatarMiguel Rodriguez

Fartcoin Price Target and Market Predictions

chest

Analysts predict potential price movements for Fartcoin amid market corrections.

user avatarLuis Flores

China's Semiconductor Strategy Challenges US AI Chip Exports

chest

China is rejecting US AI chip exports while focusing on its own semiconductor development, according to David Sacks.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.