Nigeria, Jan. 20 -- The launch of Melania Trump's meme coin, MELANIA, has sent shockwaves through the crypto market, triggering a sharp decline in the value of the TRUMP coin, the official meme token associated with President-elect Donald Trump.
Key Highlights:
TRUMP Coin Plummets
TRUMP lost over 40% of its value within hours, dropping from $72 to below $39.
This sell-off wiped out $6 billion in market value, leaving TRUMP at $46 by Monday, though still reflecting a 68% increase over the previous 24 hours.
MELANIA Token Debut:
Melania Trump announced the launch of her meme coin, MELANIA, on X (formerly Twitter) and Truth Social, branding it as "live and ready for purchase."
The Solana-based token skyrocketed to a $12 billion market...
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