The recent launch of Melania Trump's meme coin, $MELANIA, has caused significant disruption in the cryptocurrency market. Upon its debut, there was an immediate 28% drop in the value of the previously launched $TRUMP meme coin, which was initiated by President-elect Donald Trump.
This rapid decline in $TRUMP's value resulted in the erasure of billions from its market capitalization, highlighting the volatility and influence of new token launches within the crypto space. The $MELANIA coin seemed to surge amid the launch frenzy, drawing attention to the unpredictability of investor reactions in meme coin markets.
منبع: www.thecoinrepublic.com ↗