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

After skyrocketing over the weekend, the the TRUMP and MELANIA meme coins came crashing a day after President Donald Trump took office.

Anthony Pompliano, founder and CEO of Professional Capital Management, discussed the rise of branded “meme coins” like those tied to Donald and Melania Trump. What Happened: Speaking with CNBC on Tuesday,

According to a Jan. 22nd report by the Financial Times, crypto industry leaders are raising serious concerns about the chaos caused by TRUMP and MELANIA, the

Bitcoin, however, is a fundamentally different, hard asset. While the mania surrounding crypto often spills over into Bitcoin’s price movements, Bitcoin itself remains largely unaffected in the long term. It continues to progress steadily, and I believe we’ll see a full recovery soon.

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.

"God candle," Samson Mow, a bitcoin developer who leads the Jan3 bitcoin wallet company, posted to X and referring to a sudden spike in the bitcoin price that creates a "candle" on a trading chart as the bitcoin price suddenly soared, hitting $109,400 on the Coinbase bitcoin and crypto exchange.

Digital currencies values surges amid expectation that new administration will support ‘crypto-friendly’ environment

Just three days after launching a Melania Trump memecoin, its value has plunged 73% from its top price. The first lady launched her Melania Meme (MELANIA) on Sunday a day after Donald Trump launched his own memecoin.

The meme coins recently launched by President Donald Trump and First Lady Melania Trump saw significant drops in value this week.