The post Top 5 Memecoins to Sell Now As Donald Trump Reinstates Tariff on Mexico and Canada appeared on BitcoinEthereumNews.com.

U.S. President Donald Trump has once again turned his attention to trade tariffs. Earlier, Trump placed tariffs on Mexico and Canada on hold, but according to recent announcements, trade will resume next week. This news has severely impacted the financial market, including crypto. Notably, many other factors fueling the crypto downtrend may continue to bring more volatility, especially for meme-themed cryptocurrencies. As a result, it is essential to consider these five memecoins to sell. Why? Let’s discuss. Top 5 Memecoins to Sell Now The first time Donald Trump introduced tariffs on Mexico and Canada, investors’ sentiment was affected, resulting in a crash-like condition for most financial markets. Again, with the reinstatement news, the crypto market and others faced turbulence. Interestingly, meme coins have become the biggest victims of the turbulence, as they were already struggling. Considering their price performance, investor sentiments, utility, and other factors, the top five memecoins to sell are DOGE, TRUMP, MELANIA, BROCCOLI, and LIBRA. 1. Dogecoin (DOGE) – Further Price Crash Looming Dogecoin is the biggest meme-themed cryptocurrency but is not immune to market turbulence. Earlier in the day, the DOGE price tumbled to a multi-month low of $0.21 after a 9% drop over 24 hours and 40% over a month. Given its struggling performance and experts’ fear of an imminent crash to $0.10, investors can consider this among the memecoins to sell now. 2. Official Trump (TRUMP) – Whale Dumping and Uncertain Future Donald Trump’s official Trump has been the talk of the crypto community since its launch. Earlier, it was regarding its bullish performance, but now it’s about constant falls and declines, as it has moved 82% from its prime. The struggles of this Trump-themed token are rising as large-scale investors begin offloading their holdings at an alarming rate. On-chain analytics data reveals investors…

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Filed under: News - @ February 25, 2025 6:26 pm