$TRUMP coin crashes 20% today; $MELANIA hits all-time low

3 weeks ago 9

United States of America President Donald Trump's authoritative cryptocurrency mislaid much than 20 per cent since yesterday amid the 78-year-old Republican person becoming the 47th President connected Monday, January 20.

Stock markets successful the US opened higher connected Tuesday arsenic investors present oculus President Donald Trump's enforcement orders connected vigor and migration portion awaiting his commercialized policy. 

Donald Trump made his White House comeback connected Monday, January 20, erstwhile helium took his oath indoors astatine the Capitol Rotunda owed to the highly acold somesthesia successful Washington, D.C. 

$TRUMP coin performance

As of January 21, the $TRUMP coin was trading 20 per cent little arsenic of 9:30 p.m. (IST) astatine $38.89, compared to its $48.94 levels connected the erstwhile day, according to information collected from CoinMarketCap.

Donald Trump's authoritative meme coin mislaid 21.28 per cent of its marketplace capitalisation (MCap) successful the play and is presently trading astatine $7.78 billion, compared to its $9.78 cardinal levels 24 hours ago.

However, dissimilar the $MELANIA, $TRUMP trades mode implicit its all-time lows. The crypto deed its all-time precocious connected January 19, 2025, astatine $75.35.

The crypto aft its motorboat surged implicit 300 per cent arsenic radical were waiting for Donald Trump's White House comeback. 

$MELANIA coin performance

President Donald Trump's woman besides launched her ain authoritative meme coin arsenic a motion of enactment from cryptocurrency investors for the recently formed government.

The $MELANIA has mislaid implicit 44 per cent and is presently trading astatine $4.28 arsenic of 9:47 (IST) connected Tuesday, January 21. The crypto meme coin has mislaid 44.41 per cent MCap and is presently astatine $822.69 million, according to CoinMarketCap data. 

Melania Trump's meme coin deed its all-time debased connected January 21 astatine $3.37 per cent. According to the data, the coin's MCap is little than the 1.73 cardinal people 24 hours ago. 

The motive down launching this meme coin arsenic an look of enactment for the Donald Trump medication seems wide amongst crypto investors, but this inactive remains an highly volatile plus class. Considering the wide volatility of the crypto market, investments should beryllium made aft cautious consideration, exercising caution, and dependable fiscal advice.

Disclaimer: The views and recommendations made supra are those of idiosyncratic analysts oregon broking companies, and not of Mint. We counsel investors to cheque with certified experts earlier taking immoderate concern decisions.

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21 Jan 2025, 10:26 PM IST

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