Several altcoins, including TRUMP, MELANIA, and Dogelon Mars (ELON), are gaining attention as investors show interest in political and celebrity-themed cryptocurrencies. TRUMP, Donald Trump's official coin, experienced a surge in popularity, reaching a $15 billion market cap and $2 billion in trading volume within 24 hours of its launch. However, TRUMP has since experienced a 34% decline and may continue to decrease if momentum fades. MELANIA, referencing Trump's wife, also saw rapid growth but has experienced a 43% decline in the last six hours. ELON, a meme coin related to Elon Musk, saw its price double after weeks of stagnant trading. These types of celebrity and political-themed coins are becoming increasingly popular in the crypto market.



Other News from Today