• 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

Sui SUI Demonstrates Structural Stability and Network Growth

chest

Sui is recognized for its scalability and developer-focused tooling, showing signs of controlled accumulation.

user avatarAyman Ben Youssef

Raydium RAY Maintains Liquidity-Centric Performance on Solana

chest

Raydium continues to be a core liquidity hub within the Solana ecosystem, showing consistent trading activity.

user avatarSon Min-ho

Altcoin Market Shows Independent Structural Strength

chest

Current altcoin market conditions indicate selective strength and independent performance rather than synchronized speculation.

user avatarZainab Kamara

Bitcoin Faces Major Test as It Approaches Key Moving Average

chest

Bitcoin is nearing the 365-day moving average, a significant trend line that influenced the 2022 bear market.

user avatarTando Nkube

Pi Network Launches Developer Toolkit to Enhance Payment Integration

chest

Pi Network has launched a developer toolkit to simplify payment integration for applications, aiming to enhance real-world usage of the Pi token.

user avatarKofi Adjeman

Whale BitcoinOG Opens 900M Long Position, Boosting Market Confidence

chest

A significant long position by whale BitcoinOG on Hyperliquid is enhancing market confidence and retail trader interest despite existing risks.

user avatarNguyen Van Long

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.