The post The memecoin of the Trump family: launched the token MELANIA appeared on BitcoinEthereumNews.com.

The memecoin TRUMP and MELANIA have shaken the cryptocurrency market, attracting billions in just a few days. Amid speculations and controversies, the launches from the Trump family continue to capture global attention.  Let’s see all the details in this article.  Strategy or Chaos? Analysis of the Launches of the Memecoins TRUMP and MELANIA  The world of cryptocurrencies is known for its volatility, but few recent events have generated as much buzz as the launches of memecoins by the Trump family.  The token TRUMP, associated with Donald Trump, and the token MELANIA, promoted by his wife Melania, have triggered a wave of interest and controversy, highlighting both the potential and the risks of the memecoin market. On January 19, Melania Trump announced the launch of her MEMELANIA token, which quickly reached a market capitalization of over 6 billion dollars in less than two hours.  Promoted as a symbol of support and involvement, the token has attracted the interest of over 45,000 buyers, prompting the market to react frantically. However, the initial success of MELANIA had a direct impact on the TRUMP token. The latter indeed experienced a significant loss in its market capitalization, with a price drop of 38% in just 40 minutes.  According to CoinMarketCap data, TRUMP has dropped from $74.6 to $45.9, highlighting a direct correlation between the two tokens. In any case, despite the hype, the MELANIA token has not been immune to criticism and doubts.  According to the official site, the token was launched with the intent of promoting engagement rather than representing an investment opportunity. The distribution of the tokens, in fact, states as follows: 35% to the development team 20% to the treasury and the community 15% to the public 10% reserved for liquidity However, the analysis by Bubblemaps has raised doubts about the transparency…

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Filed under: News - @ January 20, 2025 11:22 am