• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump and Melania Cryptocurrencies Spark Controversy

user avatar

by Giorgi Kostiuk

a year ago

The launch of Trump and Melania's tokens has incited discussions in financial circles due to their rapid value increase and manipulation allegations.

Token Launch and Value Surge

The TRUMP and MELANIA memecoins grabbed the crypto community's attention with their remarkable market performance. Trump's coin quickly reached a market cap of $15 billion, prompting suspicions of market manipulation soon after Melania's token launch.

You were right if you thought the smashing success of $TRUMP would make Trump greedy. He tried to double down with $MELANIA, but the market sees it as dilution.Jim Bianco

Analysts' Reaction and Price Impact

The introduction of $MELANIA led to a sharp 40% drop in TRUMP's value. Financial analysts called it a major error, criticizing the developers' approach to launching the tokens. Concerns over the potential release of other tokens further heightened market tensions.

This was the largest unforced error at this critical time.

Binance Listing and Consequences

Despite the controversy, the TRUMP token was listed on Binance, with trading set to begin on January 19, 2025. Restrictions were imposed requiring new users to complete a risk-awareness quiz every 90 days.

The saga of the TRUMP and MELANIA tokens highlights the importance of a cautious approach to cryptocurrency investments. The market remains vigilant about the unfolding events and potential repercussions for investors.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Polymarket and Kalshi Achieve Milestone with $10 Billion in Trading Volume

chest

Polymarket and Kalshi report a combined trading volume of $10 billion, marking a significant milestone in the prediction market space.

user avatarKaterina Papadopoulou

Satoshi Nakamoto Statue Installed at NYSE

chest

The New York Stock Exchange has become the sixth location for Valentina Picozzi's Satoshi Nakamoto statue, symbolizing the convergence of traditional finance and cryptocurrency.

user avatarEmily Carter

Gondor Launches Platform to Borrow Against Polymarket Positions

chest

Gondor has launched a feature allowing traders to borrow stablecoins against their Polymarket positions, enhancing liquidity while keeping predictions open.

user avatarTomas Novak

Anthropic's Research Exposes AI Threats to Blockchain Security

chest

Anthropic's research reveals that AI can exploit smart contract vulnerabilities with high accuracy, posing a significant threat to the blockchain ecosystem.

user avatarLi Weicheng

AgentLISA Launches LISABench, a Comprehensive Vulnerability Dataset

chest

In December 2025, AgentLISA launched LISABench, a groundbreaking dataset containing 23,959 professionally verified vulnerability records, significantly enhancing AI training for security.

user avatarMaya Lundqvist

AgentLISA Proves Effective Defense Against AI Exploits

chest

AgentLISA has successfully defended against smart contract vulnerabilities, demonstrating its operational capabilities in real-world scenarios.

user avatarLeo van der Veen

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.