Memecoin meltdown: 3 tokens plunge 50% in early February 2025 📉

The memecoin market is experiencing a severe downturn at the start of February 2025, with three notable tokens—TRUMP, MELANIA, and FARTCOIN—suffering drastic losses of over 50% each. This significant decline has resulted in the erasure of billions in market capitalization.

Such a sharp drop reflects the volatile nature of the memecoin sphere, often characterized by rapid price fluctuations and speculative trading. Investors and market analysts are closely watching these developments as the impact of this decline ripples through the broader crypto market.