The Official Trump (TRUMP) memecoin experienced a sudden drop in value after Melania Trump launched her own memecoin called MELANIA on the Solana network. Initially, it was suspected that Melania Trump's social media accounts were hacked, but the retweets from Donald Trump's official account confirmed the launch. This development caused traders to lose confidence in TRUMP and sell their assets, resulting in a significant decline in its value. One trader reportedly made a profit of $360 million from TRUMP and has started selling his assets.



Other News from Today