Key Takeaways
- TRUMP memecoin has gained much attention on the internet, rallying from $0.1 to $77 as the price hits a peak of $15B in a few hours.
- Melania Trump announced her presence with her MELANIA memecoin on the Solana as TRUMP memecoin dumps.
- TRUMP and MELANIA memecoins are the two hottest memecoins in crypto, gaining an instant listing on exchanges.
The cryptocurrency market witnessed one of the biggest rallies on the 18th of January 2025, when Donald Trump, before his Inauguration, launched its official memecoin called TRUMP. The memecoin generated a lot of buzz worldwide as retailers and investors began to look for the next TRUMP coin the price of this memecoin token rallied by over 770% within a few hours of listing, hitting a peak market capitalization of $15B.
Despite being new in the crypto space, many exchanges have listed TRUMP memecoin as early buyers on the Solana network and could buy into this memecoin token as early as thousands of dollars were made.
Trump’s memecoin created awareness and buzz that had been missing in the crypto space for many years. With the Trump family heavily vested in the blockchain space, we could see more favorable regulation for crypto and the bull market getting started.
While the internet space hasn’t gotten over the TRUMP memecoin, Donald Trump’s wife, Melania Trump, on his X account, announced the MELANIA memecoin on the Solana network, creating a clash of giant memecoin from Trump’s family.
MELANIA Rises As TRUMP Memecoin Dumps
Source – MELANIA Token By MELANIA TRUMP On X
Melania Trump took to her X account to announce the listing of her new memecoin token, MELANIA, on the Solana network with its token address on 19th January 2025 as the announcement led to the dump of TRUMP memecoin token from a high of $66 to a region of $33 but was swiftly followed by TRUMP memecoin token rallying back to a high of $60.
While this news of MELANIA caught many crypto traders and retailers unaware, it is a sign that the Trump administration is backing the crypto market. The listing of MELANIA was followed by a rush to buy into the token early, and it has been listed on many crypto exchanges after a few hours of trading on the Solana network.
MELANIA Or TRUMP Memecoins – Which Should I Buy?
MELANIA and TRUMP memecoins are two huge memecoin that has gained much attention in the past few days. Many people have made thousands of dollars trading these two memecoins. While the two are based on excitement and internet hype, there are no real use cases attached to trading these memecoins, and as such, traders and users are advised to trade what they can afford to lose.
The price of TRUMP and MELANIA memecoins are driven by hype and speculations of the internet gaining much traffic over the past few days compared to other traded crypto assets.
