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MELANIA & TRUMP Meme Coins Crash! Is The Trump Token Fever Over?
The cryptocurrency market has recently witnessed a significant pullback in the wake of Donald Trump’s oath-taking ceremony. According to reports, with Trump failing to mention cryptocurrency in his inauguration speech, the crypto space reacted strongly, resulting in a sharp correction.
In a shocking turn of events, top altcoins have been impacted by this correction, with Melania and Trump meme coins experiencing a severe crash. The Solana-based Trump coin has plummeted by 28.86% in just an hour, marking a new all-time low at $5.51 per unit. Meanwhile, the Melania Trump memecoin is trading at $5.57, having shed 22.56% of its value within the past 24 hours.
The sudden bearish pullback has sparked widespread concern among investors and analysts alike. The failure to include cryptocurrency in his inaugural address has led to widespread disappointment and uncertainty in the market. As a result, the once-hot Trump meme coin has given back all its gains from the previous day, plunging into uncharted territory.
In light of these developments, it remains unclear whether this correction signals the end of the Trump token fever or merely a temporary setback for the altcoin market.
Source: coinpedia.org
