Following Donald Trump’s victory in the 2024 US elections, the overall cryptocurrency market has seen a significant uptrend, with global market capitalization rising to $2.52 trillion.
This increase reflects heightened interest and enthusiasm among traders, as evidenced by the substantial trading volume of $174 billion in the last 24 hours.
Despite the positive market trend, Trump Memecoins have experienced a significant decline of over 50%, leading to speculation about whether this is a temporary setback or a potential end for these particular assets.