Hold onto your wallets, Australia! Donald and Melania Trump dive into the meme coin craze with a twist that even crypto experts can’t ignore!
In a surprising turn of events that has left the crypto world buzzing, President-elect Donald Trump has launched his own meme coin called $TRUMP. The announcement sent waves of excitement through the market, resembling the scene from a blockbuster movie where everyone throws their hands in the air! The initial volatility mirrored the ups and downs of a thrilling amusement park ride as the crypto seemingly skyrocketed to a whopping market capitalisation of over $10 billion shortly after its launch. However, just like any rollercoaster, it saw a thrilling drop, as the coin's value more than halved at one point before stabilizing again. This rollercoaster ride has experts scratching their heads
And as if that weren’t enough, Melania Trump decided to join the crypto party, minting her very own $MELANIA meme coin to pair with her husband’s venture. Think of it like a match made in meme heaven! The two coins quickly generated buzz, propelling both of their values into several billion dollars range. They say behind every great man is a great woman, and in this case, Melania seems to be a secret weapon in the wild world of cryptocurrency! The duo has officially turned the meme coin game on its head.
However, expert analysts are cautioning that both coins' price fluctuations are subject to market volatility and uncertain trends, advising potential investors to tread carefully. Despite predictions of scarcity and high returns, the inherent risks of meme coins are significant, often influenced more by social media hype than fundamental value. As we know, social media can whip up excitement quicker than a kangaroo on a pogo stick, which can lead to wild swings in price—#FOMO is real, folks!
Fun fact: CoinMarketCap recently reported that $TRUMP’s circulating supply is over twice the size of Bitcoin’s, making it an interesting case study in the meme coin frenzy. And for those cheering at home, bear in mind that memes have transitioned from simple internet humor to a multi-billion-dollar market, proving that in 2023, laughter truly is money!
President-elect's $Trump coin more than halved in value before steadily recovering on Sunday before inauguration.
President-elect Donald Trump launched his own cryptocurrency on Friday, sparking a feverish buying that apparently sent its market capitalization soaring to ...
President-elect Donald Trump launched a meme coin, taking the crypto world by storm and making investors millions overnight.
PARIS/SINGAPORE, Jan 20 (Reuters) - U.S. President Donald Trump's new crypto token soared to more than $10 billion in market value on Monday, while enthusiasm ...
Donald Trump's new $TRUMP meme coin has tumbled from the peak, but the valuation remains high. He controls 80%.
President-elect Donald Trump on Friday launched his first cryptocurrency, a meme coin called $TRUMP, which ...
Now there's a $MELANIA meme coin to go with the $TRUMP cryptocurrency meme coin. Both coin prices rose to generate billions of dollars.