Melania Trump's meme coin, MELANIA, has become the market's leading performer over the past 24 hours with a price increase of over 46%. Its trading volume hit $5.12 billion, outperforming another meme token, TRUMP, which saw a decline since MELANIA's launch.
MELANIA's price is currently at $10.10, reflecting increased demand. Positive indicators like the Accumulation and Distribution Line and Chaikin Money Flow suggest strong buying pressure, hinting at potential continued growth.
Price predictions indicate a return to its peak of $13.84 if bullish trends continue, although risks of price dips to $8.57 exist if selloffs start.
