Donald Trump's memecoin, which was launched before his inauguration, quickly gained popularity but lost 40 percent of its value after the launch of Melania Trump's memecoin $MELANIA. The new token immediately attracted attention, rising to $5 and reaching a market capitalization of $5 billion. In response to this, the value of $TRUMP quickly fell, losing $7.5 billion in just 10 minutes, which led to mass sell-offs of its tokens and purchases of $MELANIA.
1/20/2025 12:09:30 PM (GMT+1)
Donald Trump's memecoin loses 40 percent after the launch of Melania Trump's memecoin $MELANIA, which quickly gained $5 billion in market capitalization 💥📉
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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