Best Trump Crypto Alternatives to Buy Before PolitFi Meme Coin Market Explodes: MELANIA, USA, and More
The post Best Trump Crypto Alternatives to Buy Before PolitFi Meme Coin Market Explodes: MELANIA, USA, and More appeared on BitcoinEthereumNews.com.
Following the inauguration of Donald Trump, all eyes in the crypto market are focused on Trump’s new meme coin and that of his wife $MELANIA. These two coins have garnered significant attention since their launch, and they already boast substantial market capitalizations; however, there’s also growing criticism against the two coins, with many in the crypto industry arguing that it’s presenting the negative nature of digital assets. What Trump’s Meme Coin Means For the Crypto Market Two nights before his inauguration, President Donald Trump took to his X page to announce the official listing of his meme coin $TRUMP. This announcement sparked a frenzy, and the entire crypto space went wild, with investors trying to jump on the train to purchase the new coin. $TRUMP was immediately met with success as in less than a day, it dethroned both SHIB and PEPE to become the second largest meme coin by market capitalization, although it currently sits at third place. As of writing, the Official TRUMP coin is the 25th largest cryptocurrency in the market, with a market capitalization of nearly $7B. And let’s not forget that this coin was launched a week ago, on the 17th of January, 2025. In addition, on the eve of his inauguration, his wife, Melania Trump, followed suit and introduced her meme coin $MELANIA, causing excitement in the crypto space as several cryptos, including Bitcoin, saw significant surges in their price. President Donald Trump’s recent launch of the $TRUMP meme coin has introduced enthusiasm within the cryptocurrency community as many supporters view it as a move that could legitimize digital assets and potentially position the U.S. as a leader in the crypto space. However, these tokens ($TRUMP & $MELANIA) have faced high criticism for their speculative nature and potential for market manipulation. For instance, reports…
Filed under: News - @ January 26, 2025 5:24 am