$TRUMP Stalls, $MELANIA Sinks—Smart Altcoins Eye the Crown
- Both Trump and Melania memecoins are significantly down on the day
- We’re expecting smart money to rotate to strong altcoins
- LINK, XRP, SUI, NEAR, and ONDO, stand to gain a lot
The initial euphoria of Donald Trump getting back to the Oval Office has subsided, and the price of meme coins of both the US President, and the First Lady, are dwindling.
Is it time to return to the real players? Let’s take a look at how the famed memecoins are faring today, and what our top picks for the near-term are.
$TRUMP and $MELANIA Crashing
At press time, the price of $TRUMP was $40.41, making the coin up 532% compared to the same time last week. However, compared to just a day ago, the coin lost almost a third of its value (30.41%) – from $58.08. Trump’s memecoin lost $17.61 of its value in 24 hours.
$Melania isn’t doing much better, either. From $7.41 a week ago, the token is down to $4.9, representing a 33% decline. Just a day ago, the token was worth $10.9 – a 55% drop.
There could be many causes for the crash. After all, the majority of the market is printing red this morning. However, presidential coins’ strong decline could also signal that the ini…
The post $TRUMP Stalls, $MELANIA Sinks—Smart Altcoins Eye the Crown appeared first on Coin Edition.
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$TRUMP Stalls, $MELANIA Sinks—Smart Altcoins Eye the Crown
- Both Trump and Melania memecoins are significantly down on the day
- We’re expecting smart money to rotate to strong altcoins
- LINK, XRP, SUI, NEAR, and ONDO, stand to gain a lot
The initial euphoria of Donald Trump getting back to the Oval Office has subsided, and the price of meme coins of both the US President, and the First Lady, are dwindling.
Is it time to return to the real players? Let’s take a look at how the famed memecoins are faring today, and what our top picks for the near-term are.
$TRUMP and $MELANIA Crashing
At press time, the price of $TRUMP was $40.41, making the coin up 532% compared to the same time last week. However, compared to just a day ago, the coin lost almost a third of its value (30.41%) – from $58.08. Trump’s memecoin lost $17.61 of its value in 24 hours.
$Melania isn’t doing much better, either. From $7.41 a week ago, the token is down to $4.9, representing a 33% decline. Just a day ago, the token was worth $10.9 – a 55% drop.
There could be many causes for the crash. After all, the majority of the market is printing red this morning. However, presidential coins’ strong decline could also signal that the ini…
The post $TRUMP Stalls, $MELANIA Sinks—Smart Altcoins Eye the Crown appeared first on Coin Edition.
Read More
$TRUMP’s $321M Unlock Big, But Is $CONX’s 87% Supply Unlock Riskier?