• 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

Cardano's Role in AI and Blockchain Regulation

chest

Frederik Gregaard, CEO of the Cardano Foundation, discusses the impact of US legislation on blockchain adoption, emphasizing the importance of regulatory frameworks like the GENIUS Act and Clarity Act for broader usage and highlighting Cardano's security features.

user avatarTenzin Dorje

200 German Companies Utilize Cardano's Blockchain Technology Unknowingly

chest

Approximately 200 large companies in Germany are using Cardano's blockchain technology through agentic AI deployments without realizing it.

user avatarBayarjavkhlan Ganbaatar

Ethereum Leads in Validator Distribution, Showcasing Network Strength

chest

Ethereum leads in validator distribution, showcasing its strength and decentralization in the blockchain space.

user avatarMohamed Farouk

Long-Term Bitcoin Holding Reduces Loss Probability

chest

Long-term Bitcoin holding reduces the probability of loss, encouraging investors to adopt long-term strategies.

user avatarElias Mukuru

Nic Carter Proposes Three Paths for Bitcoin in the Face of Quantum Threats

chest

Nic Carter outlines three potential strategies for Bitcoin as it faces the risks posed by quantum computing.

user avatarDiego Alvarez

Crypto Patel Predicts Ethereum Price Surge to $4,000 by 2027

chest

Crypto Patel predicts Ethereum could reach $4,000 by October 2027, with significant price increases expected in the coming years.

user avatarKenji Takahashi

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.