CandleFocus

Trump meme coin sees $38 billion in trading since launch

The Trump family launched meme coins called OFFICIAL TRUMP (TRUMP) and Official Melania Meme (MELANIA) cryptocurrencies shortly before Donald Trump's presidency ended. TRUMP gained significant investor interest, with a spot volume of $38 billion and a market capitalization of $15 billion within 24 hours. The price of TRUMP surged from $7 to a high of $75 before settling at $36.86. MELANIA, on the other hand, saw its valuation rise to nearly $2.14 billion but has since declined by 65.70% to $471.77 million.

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