Donald Trump’s new meme coin, $TRUMP, slumped by 47% after Melania Trump matched his stride and launched her own token.
Since then, $TRUMP has doubled in price, now costing $52. However, it’s still 30% lower than its ATH achieved one day post-launch – before his wife’s crypto venture.
The Melania Trump coin, $MELANIA, is available for a fraction of the price, at $8.4.
Trump-run coins are attracting investor interest from all corners. They’re even casting light on lower-cap coins (like $WEPE and $SOLX), which are poised to spike 100x because of offering more optimal risk/reward ratios.
1. $TRUMP – Crypto Celebrating Trump’s Presidential Victory
$TRUMP is piquing significant investor interest because it was created by the self-acclaimed crypto president, Donald Trump.
According to Trump himself, the Solana-based coin was launched to celebrate ‘WINNING’ the US presidential election. Partly owing to this, it jumped over 1,000% two days after going live.
With Trump resuming the US presidency today, crypto investors foresee more favorable US crypto regulations in the pipeline. And it’s no wonder why.
Elon Musk, a close political ally of Trump, just retweeted an anti-regulation speech by Ronald Reagan (the 40th US president), essentially confirming the Republican presidency will de-regulate all it can.
— Elon Musk (@elonmusk) January 19, 2025
Trump’s new US Securities and Exchange Commission (SEC) leadership change further
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Author: Bitcoinist
