• 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

Alameda Research Unstakes $17 Million in Solana Tokens

chest

Alameda Research has unstaked approximately $17 million worth of SOL tokens and transferred them to its bankruptcy-controlled accounts as part of its asset management process.

user avatarMaria Gutierrez

Solana Attempts Stabilization After Recent Decline

chest

Solana is showing early signs of stabilization as it attempts to defend the 85 support level amidst a broader bearish trend.

user avatarDavid Robinson

XRP Futures Market Shows Gradual Improvement in Buy-Side Pressure

chest

Recent analysis indicates a slight advantage for buyers in the XRP futures market, suggesting easing selling pressure.

user avatarAndrew Smith

Analysts Forecast Solana Price Recovery to $100

chest

Analysts are optimistic about Solana's potential to recover to the $100 level, driven by ETF momentum.

user avatarJacob Williams

Solana ETFs Break Records Amid Price Downtrend

chest

Solana Spot ETFs have achieved remarkable success, accumulating $15 billion in net inflows since their launch in July 2025, despite a significant price decline.

user avatarZainab Kamara

Google Launches Groundsource for Enhanced Flash Flood Predictions

chest

Google has launched Groundsource, an AI system for predicting flash floods by analyzing historical news articles to improve disaster preparedness.

user avatarSon Min-ho

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.