• 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

India's National Budget Focuses on Economic Resilience Amid US Trade Tensions

chest

India's recent national budget aims to shield the economy from US trade tensions, providing support to exporters and increasing defense spending while maintaining fiscal discipline.

user avatarMaria Gutierrez

Vitalik Buterin Raises Security Concerns About Prediction Market Oracles

chest

Vitalik Buterin raises security concerns about prediction market oracles, emphasizing the need for improved security protocols to prevent financial implications from erroneous information.

user avatarArif Mukhtar

Nomura's Commitment to Cryptocurrency Amid Market Challenges

chest

Nomura Holdings reaffirms its commitment to expanding cryptocurrency operations through Laser Digital, focusing on client demand and the digital asset ecosystem despite market volatility.

user avatarDavid Robinson

Laser Digital Adjusts Cryptocurrency Holdings After Q3 Losses

chest

Laser Digital, the digital assets subsidiary of Nomura Holdings, has strategically reduced its cryptocurrency holdings following investment losses in the third quarter.

user avatarZainab Kamara

Gold Prices Plummet Amid Macroeconomic Adjustments

chest

Gold prices fell over 9% on January 30, 2026, marking one of the largest single-day declines since 1983 due to macroeconomic adjustments and decreased safe-haven demand.

user avatarAndrew Smith

Bithumb Implements Temporary Restrictions on Zedxion and Zedcex Transactions

chest

Bithumb has announced temporary restrictions on deposits and withdrawals for Zedxion and Zedcex as part of its routine network upgrade practices.

user avatarJacob Williams

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.