BitDegree 22 minutes ago
30
Donald Trump’s memecoin experienced a sharp decline after Melania Trump introduced her own memecoin.
The new token, named MELANIA, quickly gained attention, hitting a market value of $6 billion within just two hours of its launch.
Melania Trump introduced her memecoin in a post on X shared by both her and her husband on January 19. The token attracted over 45,000 wallets, which helped it reach a market cap of $6.14 billion after its debut at 9 PM UTC on January 19.
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