• 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

HIVE Digital Technologies Expands into Paraguay with AI Cloud Platform

chest

HIVE Digital Technologies Ltd expands into Paraguay with a joint venture to launch an AI BUZZ Cloud platform, enhancing economic activity and workforce development.

user avatarMaya Lundqvist

Mortgage Rate Predictions for 2026

chest

Analysts predict that mortgage rates will stabilize in the high 5 to mid 6 range as the Federal Reserve responds to inflationary pressures.

user avatarMohamed Farouk

New Credit Evaluation Models for Mortgages in 2026

chest

The Federal Housing Finance Agency mandates new credit scoring models that analyze borrowers' financial behavior over a 24-month period to improve the accuracy of credit evaluations.

user avatarLi Weicheng

OBBB Act Reinstates Tax Deductibility for Mortgage Insurance

chest

The OBBB Act reinstates the tax deductibility of mortgage insurance premiums, making low-downpayment loans more affordable for first-time buyers.

user avatarLeo van der Veen

US Housing Market Stabilizes as 2026 Approaches

chest

The US housing market is stabilizing as it approaches 2026, influenced by rate shocks and regulatory changes, leading to a projected increase in home sales.

user avatarTenzin Dorje

Strategist Warns of Economic Volatility Impacting Bitcoin and Ethereum

chest

Strategist Joel Kruger warns of high macroeconomic volatility affecting Bitcoin and Ethereum due to upcoming economic events.

user avatarAisha Farooq

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.