Over the weekend, the $TRUMP memecoin experienced a 40% drop in value following the launch of a new memecoin dedicated to Melania Trump called $MELANIA. The new token gained significant attention after Melania herself and the President-elect retweeted a post about it. Despite the drop, $TRUMP is still 7,000% higher than its initial launch price and has a market capitalization of around $33 billion. The $MELANIA token has a fully diluted valuation of $5.69 billion but remains highly volatile.



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