Trump-linked memecoins TRUMP and MELANIA lose up to 90% market value

Trump-linked memecoins TRUMP and MELANIA lose up to 90% market value
фото показано с : invezz.com

2025-2-7 08:34

The rise and fall of memecoins tied to public figures have once again demonstrated the speculative nature of the cryptocurrency market.

Donald Trump’s TRUMP token and Melania Trump’s MELANIA token have seen staggering declines, shedding billions in market value in just weeks.

Data from CoinMarketCap shows that TRUMP has dropped by 75% from its peak, while MELANIA has plunged nearly 90% since its launch.

The hype around these tokens initially drove a surge in prices, but their rapid declines highlight the short-lived appeal of politically linked memecoins.

Despite their connection to the First Family, investors are learning that even the highest-profile endorsements cannot guarantee sustained value in the crypto space.

Early gains wiped out for Trump-linked tokens

The TRUMP token was launched on January 17 on the Solana blockchain, quickly gaining traction and reaching an all-time high of over $70.

Just two days later, Melania Trump introduced the MELANIA token, further fueling interest in meme coins tied to the Trumps.

At its peak, MELANIA had a market capitalisation of $2.1 billion, with its price soaring to $13.73.

But as the initial excitement faded, so did the value of both tokens. MELANIA now trades at around $1.50, reflecting a staggering 90% drop, while TRUMP’s losses have erased most of its gains.

Source: CoinMarketCap

This pattern is not unusual for memecoins, which often rely on virality rather than intrinsic value.

The speculative nature of these assets means they tend to experience rapid price swings, driven by social media hype rather than long-term fundamentals.

Trump’s influence on crypto fails to prevent downturn

Despite the attention that Trump’s involvement brought to memecoins, his political presence did not prevent the sharp decline in value.

Some crypto investors viewed his foray into digital assets as a sign of growing political support for the industry, while others saw it as an unnecessary distraction.

Unlike most memecoins, TRUMP was launched under CIC Digital LLC, a Trump-linked entity, and Fight Fight Fight LLC issued the MELANIA token.

This official connection to the president and first lady briefly helped drive demand, but even Trump’s ability to generate controversy and viral moments was not enough to sustain the rally.

Since its debut, TRUMP has likely generated at least $11.5 million in fees for entities associated with Trump, according to estimates from risk modelling firm Gauntlet.

Most investors who bought the token early saw little to no profit, with Bloomberg’s analysis indicating that the majority of wallets made no more than $13 in gains.

The price collapse of these tokens serves as a cautionary tale about the risks of investing in politically affiliated cryptocurrencies.

While high-profile figures can temporarily boost demand, the long-term viability of memecoins remains uncertain, particularly when their use case is unclear.

As the market moves on from the Trump-linked token frenzy, traders are left wondering whether politically charged memecoins will ever hold lasting value—or if they will remain fleeting trends driven by speculation.

The post Trump-linked memecoins TRUMP and MELANIA lose up to 90% market value appeared first on Invezz

origin »

TrumpCoin (TRUMP) на Currencies.ru

$ 0.0214291 (+0.71%)
Объем 24H $0
Изменеия 24h: 11.68 %, 7d: 0.20 %
Cегодня L: $0.0187295 - H: $0.0214291
Капитализация $141.526k Rank 2573
Доступно / Всего 6.604m TRUMP

trump melania market token value memecoins weeks

trump melania → Результатов: 104


Melania Trump launches official memecoin

Following the success of the $TRUMP token launched a day prior, Melania Trump announced the launch of the Melania memecoin late Sunday evening The token’s launch caused congestion in the Solana network and drained liquidity from the $TRUMP and other memecoins Late Sunday evening, incoming First Lady Melania Trump announced the launch of the official […] The post Melania Trump launches official memecoin appeared first on CoinJournal.

2025-1-20 14:40


Фото:

Melania Trump to focus on NFTs to help children on return to White House

Melania Trump plans to expand her Web3 and NFT initiatives to support foster children if she returns to the White House, continuing her engagement with blockchain technology and digital assets. In a recent interview with Fox News, the former First Lady discussed her intentions to continue and enhance her “Be Best” initiative, which focuses on […] The post Melania Trump to focus on NFTs to help children on return to White House appeared first on CryptoSlate.

2024-10-7 11:32


Фото:

Melania Trump Celebrates Bitcoin Despite Donald Trump Predicting An Ultimate ‘Crypto Explosion’

On Monday, the crypto community marked Bitcoin’s 13th anniversary since the Genesis Block in an event that saw Melania Trump marvel at Satoshi Nakamoto’s life-changing invention. Sharing a screenshot of Block 0, the first lady, who is now fast becoming a force to reckon with in the blockchain industry, shared her joy over the first block […]

2022-1-4 11:27