The memecoin market experienced significant volatility on January 19, 2025, following the launch of First Lady Melania Trump's MELANIA token. This release came just 48 hours after the debut of Donald Trump's controversial TRUMP token, causing the TRUMP token to plummet by 55% as sellers rapidly shifted to the new Melania meme token.
The timing of the MELANIA token launch sent shockwaves throughout the market, leading to a dramatic reshuffling of investor interest and capital. The impact was noted by The Kobeissi Letter on X, reflecting the intense speculation surrounding these high-profile memecoins.
Quelle: www.thecoinrepublic.com ↗