Now there's a $MELANIA meme coin to go with the $TRUMP cryptocurrency meme coin. Both coin prices rose to generate billions of dollars.
Comment: Not long ago, meme coins as a long-term investment would have been dismissed as fanciful. The post $TRUMP and $MELANIA make crypto great again. Be careful. appeared first on Newsroom.
Donald and Melania Trump's respective tokens have stolen the spotlight from Dogecoin and other long-running meme coins.
Most of the major cryptocurrencies are in the green Friday morning, including Bitcoin and Dogecoin, but Trump's Solana token sits in the red.
One of the most defining political figures, President Trump, launched his own memecoin. What does it mean for the crypto space?
Billions have already been wiped from the value of the latest cryptocurrencies, with experts warning of more volatility
TRUMP, the third-largest meme coin after Dogecoin and Shiba Inu, saw over $38 billion in trading volume since its launch. The INX Digital Company, a regulated marketplace for trading crypto assets announced the listing of Solana SOL $227.
Meme coins have always been divisive, but Trump and Melania’s entry into the space seems to be pushing some retail investors over the edge. A recent Stocktwits poll reveals that 31% of retail investors feel that the creation of these meme coins is driving their dislike for the crypto market,
Meme coins, which often start as jokes with no real value, are volatile cryptocurrencies that can skyrocket in price if enough people are willing to buy them.
The rise of $TRUMP and $MELANIA, inspired by the current U.S. President and First Lady, is driving meme coin growth. MIND shows shifting investor views.
President Donald Trump has wasted no time enacting crypto-friendly policies in the early days of his administration.