The Donald and Melania Trump-backed memecoins that launched over the weekend have amassed a combined value of over $15 billion.
More than 400,000 traders were liquidated over the past 24 hours as Bitcoin plunged back below $100,000.
Melania Trump's memecoin launched after Donald Trump's official TRUMP token reached a $15 billion market cap before falling nearly 40%.
Many crypto influencers and financial analysts have characterized the TRUMP memecoin launch as a new era for capital formation.
The Official Trump memecoin aims for prices in the triple-digit range, while SOL, BTC, XRP, ALGO and XDC prepare for a breakout to new all-time highs.
TRUMP memecoin price could be headed toward $100 by the inauguration of President-elect Donald Trump on Jan. 20, BitMEX cofounder suggests.
Rumors have surfaced about potential crypto tax reforms as Donald Trump’s official memecoin, TRUMP, hits $71 billion in fully diluted value and rises to the 15th-largest crypto in the world.
Suspicious trading activity emerge around Trump’s memecoin as its market cap soars to $42 billion.
Only time will tell if Donald Trump’s memecoin was a good move in his plan to push crypto during his upcoming US presidential term.
Bitcoin’s $180,000 price target remains on the table, says a trader, while 2024 marks the worst year for NFTs since 2020: Hodler’s Digest.