The newly launched $trump and U.S. first lady Melania Trump's $melania memecoins have each plummeted as traders cash

The soon-to-be First Lady introduced $MELANIA on Sunday, after which her husband's meme coin saw a significant price drop.

Bitcoin hit a record $109,241 as the US readies for pro-crypto President-elect Donald Trump’s inauguration. The cryptocurrency surged 5.5% amid excitement over Trump’s meme coins, despite a subsequent market decline.

Within hours, TRUMP skyrocketed in value, climbing from pennies to over $50, with a market cap over $10 billion. The coin now ranks among the world’s top 20 digital assets, attracting both investors and critics. Trump’s business arm holds 80% of the tokens, set to release gradually during his presidency.

Data shows TRUMP amassed over $19 billion in volumes over a 24-hour period, while MELANIA saw $4.5 billion exchange hands.

BTC has pulled back to $100K as Melania Trump launched her own memecoin, stalling the surge in the TRUMP token.

Key Takeaways Trump signed an executive order on digital assets, seeking recommendations on regulations and possibly setting up a digital stockpile.The SEC has already become more friendly to the crypto industry by rescinding SAB 121,

Bitcoin hit a new all-time high overnight as investors prepare for the crypto-friendly Trump administration to take office.

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 31 January 2025 - Memecoins were on the rise in 2024. Their overall market capitalisation increased from $20 billion

Coinbase Derivatives has filed with regulators to list new futures contracts for Solana and Hedera, to be cash-settled monthly starting

Donald Trump returned to the office with big promises to help the crypto industry flourish. That also included the launch of his memecoin.