The recent crash of the Melania Trump meme coin (MELANIA) significantly impacted the meme token market and triggered price declines in other cryptocurrencies.
Melania's Coin Collapse
The Melania Trump meme coin (MELANIA) officially collapsed from a market cap exceeding $1.6 billion in January 2025 to around $173 million. The token price fell over 98% to $0.21, following a sudden $35 million token dump by team-linked wallets in June, coinciding with lawmakers' proposals of the MEME and COIN Acts aimed at preventing political actors from profiting off cryptocurrency. These political threats have overshadowed MEME, potentially leading to MELANIA's removal from regulated exchanges.
Shiba Inu Dynamics
Shiba Inu (SHIB) has also experienced a decline, down 21% in August and trading around $0.000012. Activity on the Shibarium platform has slowed, and burn rates have weakened. However, SHIB maintains significant holder loyalty, with 96% of wallets holding firm. Analysts suggest that SHIB may trade sideways unless a major buying momentum returns.
Dogecoin Status and MAGACOIN FINANCE
Dogecoin (DOGE) saw an 8% spike, briefly hitting $0.22, yet remains highly volatile. Short-term forecasts range between $0.196 and $0.26. Analysts note whale activity without breakout signals. Meanwhile, MAGACOIN FINANCE is gaining traction as a new player in the meme coin space, piloting itself with a decentralized structure and strategies better suited to the current market climate.
The situation with Melania Trump's meme coin highlights the fragility of politically linked tokens. While SHIB and DOGE display signs of community backing, the emerging project MAGACOIN FINANCE offers more sustainable solutions focused on decentralization and community governance.
