Melania Trump’s $MELANIA Launch Tanks $TRUMP Coin by 28% 📉
The recent launch of Melania Trump's meme coin, $MELANIA, has caused significant disruption in the cryptocurrency market. Upon its debut, there was an immediate 28% drop in the value of the previously launched $TRUMP meme coin, which was initiated by President-elect Donald Trump.
This rapid decline in $TRUMP's value resulted in the erasure of billions from its market capitalization, highlighting the volatility and influence of new token launches within the crypto space. The $MELANIA coin seemed to surge amid the launch frenzy, drawing attention to the unpredictability of investor reactions in meme coin markets.
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