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2025-01-21 | Curator: CryptoTerminal
Trump Meme Coins Crash Following US Presidential Inauguration
The crypto market witnessed significant volatility on Monday after the Trump family ventured into meme coins, with tokens they launched a day earlier sliding in value. First Lady Melania Trump’s newly launched meme coin, Melania Meme (MELANIA), has fallen more than 60% from its debut high following President Donald Trump’s inauguration. MELANIA now sits with a market cap of $625.5 million, per CoinGecko data. At the same time, Donald Trump’s meme coin, Official Trump (TRUMP), also took a sharp h...
