The value of meme coins tied to President Donald Trump and Melania, TRUMP and MELANIA tokens, have crashed by 60% after Trump's speech did not mention cryptocurrencies. Melania's token dropped from $2 billion to $750 million within 24 hours. Traders reacted to the omission and cashed out on profits after the initial surge. The disappointment among the crypto community led to the plummet in token prices. Despite the decline, some experts believe that Trump's future policies could still benefit cryptocurrencies and support a market recovery.
Content Editor ( coinpedia.org )
- 2025-01-21
TRUMP, MELANIA Tokens Plunge 60% as Trump Skips Crypto in Speech
