Political Meme Coins Implode: TRUMP Down 92%, MELANIA Nearly Wiped Out
US President Donald Trump namesake meme coins have collapsed, leaving many small holders deep in the red. Prices that once drew crowds and headlines have fallen back to earth with blunt force. Related Reading: XRP Flashes Rare On-Chain Signal That Once Preceded 114% Gains Reports say the two tokens tied to the Trump brand – TRUMP and MELANIA coins – plunged from their highs by roughly 92% and nearly 99%, and an estimated $4.3 billion of retail money evaporated in the rout. Trump Meme Coins: Rapid Collapse According to on-chain trackers and market reports, a small set of early....
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The former BitMEX CEO, Arthur Hayes, is making a bold prediction for the TRUMP meme coin: it will outperform Bitcoin if market sentiment continues improving and politicians start leveraging meme cryptos. Related Reading: Cardano Price Balloons 107% As Whales Scoop Up 1.41 Billion ADA The TRUMP token was launched to coincide with US President Donald Trump’s inauguration and, in just a short time, became the fourth-largest meme coin by market capitalization. However, after hitting a peak of $75, the TRUMP meme coin dropped to below $20. Now, the asset is getting a second look, with....
The best meme coins and Bitcoin price action collided in dramatic fashion this weekend. A crypto whale trader on Hyperliquid opened a short position on Bitcoin worth $445M using 40x leverage with a liquidation price of $86K. This bold move came just as Bitcoin’s price was holding steady around the $84K mark. Market participants were quick to launch a coordinated bull hunt after noticing this open position. A trader named CBB led the charge, and bulls were able to push the $BTC price to $84,690. This forced the short trader to deposit $5M $USDC to avoid liquidation. However, the hunt....
Known for her pro-crypto stance, Melania Trump, the wife of former U.S. President Donald Trump, has sold one of her many NFTs. However, according to blockchain data, the digital token was sold to the asset’s creators rather than the buyer. The NFT appears to be a part of the “Head of State Collection, 2022,” according to […]
On May 22, US President Donald Trump is expected to play host to the top 220 biggest holders of his $TRUMP meme coin – either at the White House or his Virginia golf club. Bringing these crypto whales together into a high-level political setting signals that meme coins have outgrown their humor status; they’re now […]
What to Know: TRUMP and MELANIA’s outsized moves revived meme risk, setting up spillover flows into presales and listed tokens with liquidity. Bitcoin Hyper ties meme-market throughput to Bitcoin settlement, a credible narrative if $BTC-aligned activity keeps growing. Maxi Doge prioritizes brand and staking flywheels, a classic meme recipe that extends holding periods during presale phases. Useless Coin offers immediate exposure on major exchanges with a $185 market cap, making it a tradable meme beta vehicle. Trump-themed memecoins just ripped out of a lull and dragged the sector back....