American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

Trump-linked memecoins TRUMP and MELANIA lose up to 90% market value

by admin February 7, 2025
February 7, 2025
Trump-linked memecoins TRUMP and MELANIA lose up to 90% market value

The rise and fall of memecoins tied to public figures have once again demonstrated the speculative nature of the cryptocurrency market.

Donald Trump’s TRUMP token and Melania Trump’s MELANIA token have seen staggering declines, shedding billions in market value in just weeks.

Data from CoinMarketCap shows that TRUMP has dropped by 75% from its peak, while MELANIA has plunged nearly 90% since its launch.

The hype around these tokens initially drove a surge in prices, but their rapid declines highlight the short-lived appeal of politically linked memecoins.

Despite their connection to the First Family, investors are learning that even the highest-profile endorsements cannot guarantee sustained value in the crypto space.

Early gains wiped out for Trump-linked tokens

The TRUMP token was launched on January 17 on the Solana blockchain, quickly gaining traction and reaching an all-time high of over $70.

Just two days later, Melania Trump introduced the MELANIA token, further fueling interest in meme coins tied to the Trumps.

At its peak, MELANIA had a market capitalisation of $2.1 billion, with its price soaring to $13.73.

But as the initial excitement faded, so did the value of both tokens. MELANIA now trades at around $1.50, reflecting a staggering 90% drop, while TRUMP’s losses have erased most of its gains.

Source: CoinMarketCap

This pattern is not unusual for memecoins, which often rely on virality rather than intrinsic value.

The speculative nature of these assets means they tend to experience rapid price swings, driven by social media hype rather than long-term fundamentals.

Trump’s influence on crypto fails to prevent downturn

Despite the attention that Trump’s involvement brought to memecoins, his political presence did not prevent the sharp decline in value.

Some crypto investors viewed his foray into digital assets as a sign of growing political support for the industry, while others saw it as an unnecessary distraction.

Unlike most memecoins, TRUMP was launched under CIC Digital LLC, a Trump-linked entity, and Fight Fight Fight LLC issued the MELANIA token.

This official connection to the president and first lady briefly helped drive demand, but even Trump’s ability to generate controversy and viral moments was not enough to sustain the rally.

Since its debut, TRUMP has likely generated at least $11.5 million in fees for entities associated with Trump, according to estimates from risk modelling firm Gauntlet.

Most investors who bought the token early saw little to no profit, with Bloomberg’s analysis indicating that the majority of wallets made no more than $13 in gains.

The price collapse of these tokens serves as a cautionary tale about the risks of investing in politically affiliated cryptocurrencies.

While high-profile figures can temporarily boost demand, the long-term viability of memecoins remains uncertain, particularly when their use case is unclear.

As the market moves on from the Trump-linked token frenzy, traders are left wondering whether politically charged memecoins will ever hold lasting value—or if they will remain fleeting trends driven by speculation.

The post Trump-linked memecoins TRUMP and MELANIA lose up to 90% market value appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Hongkong Post extends suspension of US parcel deliveries over tariff uncertainty
next post
Hang Seng, CSI 300 lead Asian market gains on Thursday, Nikkei in red

Related Posts

Walgreens stock is cheap and oversold: is it...

September 28, 2024

Maker of Hershey’s, Jeni’s, and Friendly’s ice cream...

June 27, 2024

CVS Health stock price is recovering: Feb 12...

January 30, 2025

Should you invest in iDEGEN after Trump’s address...

January 24, 2025

TripAdvisor stock jumps on Starboard stake: here’s what...

July 3, 2025

Venezuela’s tourism paradox: Rich in resources, but struggling...

September 14, 2024

Nvidia hits $3.17 tn, closes in on Apple’s...

May 14, 2025

Will the ‘Magnificent Seven’ continue to lead markets...

December 14, 2024

Could Alzheimer’s treatment drugs be the next big...

January 10, 2025

BlackRock adds Bitcoin ETF to model portfolio: report

March 1, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • How Donald Trump’s immigration crackdown may tank the labor market

      August 4, 2025
    • Trump’s tariff threat looms over India’s Russian oil deals

      August 4, 2025
    • Trump moves nuclear submarines near Russia: what triggered the move and what’s ahead

      August 3, 2025
    • BOE rate cuts offer little relief as UK households face mounting financial strain

      August 3, 2025
    • Retail investors shift focus to Europe as US valuations stretch

      August 3, 2025

    Categories

    • Business (3,583)
    • Investing (2,703)
    • Latest News (2,031)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved