Following the 2025 Trump inauguration, the memecoin market witnessed a substantial fall. The TRUMP and MELANIA memecoins, launched in January 2025, initially saw a surge in value but later experienced steep declines: TRUMP fell by 40%, while MELANIA plunged over 66%.
Former Coinbase CTO, Balaji Srinivasan, has cautioned against engaging in memecoins. He describes them as a 'zero-sum lottery,' highlighting the high risks associated with potential losses. The overall memecoin sector declined by 15% following Trump's inauguration, confirming the warnings issued by industry veterans.
Fuente: blockonomi.com ↗