CryptoMediaClub
Sunday, July 27, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Donald Trump Household Meme Cash Plummet Throughout Inauguration: $Melania Drops to $790M, $Trump Sees Market Cap Halved

21.01.2025
A A
0
120
VIEWS
ShareShare

The inauguration of Donald Trump because the U.S. president marked a turbulent day for the Trump household’s meme cash, $TRUMP and $MELANIA.

Each tokens skilled dramatic declines in market worth in the course of the high-profile occasion.

In response to Coingecko, Melania Trump’s token, $MELANIA, noticed its market capitalization plummet from $2 billion to $790 million, whereas Donald Trump’s $TRUMP token halved in worth, settling at roughly $6.86 billion.

Trump’s $MELANIA Token Surges After Launch

The sharp downturn adopted a quick peak fueled by anticipation surrounding Melania Trump’s rival entry into the cryptocurrency market with the launch of $MELANIA.

As of now, each tokens remained deep within the purple.

In response to information from CoinMarketCap, TRUMP is buying and selling at $34, down by round 40% over the previous day.

MELANIA has taken a more durable hit, buying and selling at simply over $4, down by greater than 60% over the previous day.

The broader cryptocurrency market, nonetheless, appeared resilient.

CoinMarketCap reported a 0.64% improve within the world crypto market cap, reaching $3.53 trillion.

Bitcoin, which dominates the market with a 57.69% share, is buying and selling at round $102,000, down from its all-time excessive of $109,000 however sustaining a robust place above the $100,000 mark.

Trump’s marketing campaign promise to turn out to be a “crypto president” has fueled optimism within the sector, with expectations of favorable insurance policies and federal Bitcoin initiatives.

Regardless of these guarantees, Trump’s first day in workplace introduced no speedy crypto-related bulletins, resulting in a pullback from the speculative highs pushed by inauguration anticipation.

Particulars from the official Trump token web site point out that 80% of $TRUMP cash are owned by Trump-affiliated entities, CIC Digital and Battle, Battle, Battle.

The meme cash have been launched months after the September 2024 launch of World Liberty Finance, a decentralized finance (DeFi) platform spearheaded by Trump and his sons.

DeFi platforms facilitate peer-to-peer buying and selling, lending, and borrowing of digital belongings utilizing automated protocols.

Moral and Regulatory Implications

The steep declines within the worth of Trump household meme cash have sparked debate over the moral and regulatory implications of a sitting president selling such ventures.

“Whereas it’s tempting to dismiss this as simply one other Trump spectacle, the launch of the official Trump token opens up a Pandora’s field of moral and regulatory questions,” Justin D’Anethan, an unbiased crypto analyst based mostly in Hong Kong, instructed Reuters.

Equally, cryptocurrency lawyer Preston Byrne, in a January 10 weblog put up, predicted a excessive chance of authorized challenges to the tokens, citing potential losses for buyers.

The Trump Group has maintained that Donald Trump will switch day-to-day administration of his enterprise ventures to his kids, addressing conflict-of-interest considerations as he assumes the presidency.

Nevertheless, the intersection of politics and crypto continues to lift essential questions because the Trump household’s involvement in digital belongings evolves.

As reported, Trump is predicted to prioritize govt orders addressing crypto de-banking and revising a controversial financial institution accounting coverage.

The anticipated orders embody a repeal of a coverage launched beneath the Biden administration, requiring banks holding cryptocurrency to record the digital belongings as liabilities.

The put up Donald Trump Household Meme Cash Plummet Throughout Inauguration: $Melania Drops to $790M, $Trump Sees Market Cap Halved appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

Bitwise CIO Bets on Bitcoin Rally in 2026, Defying 4-Year Cycle
All news

Bitwise CIO Bets on Bitcoin Rally in 2026, Defying 4-Year Cycle

27.07.2025
0

Bitwise chief investment officer Matt Hougan believes Bitcoin could break from its historical four-year cycle and post significant gains in...

Read moreDetails
Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming?

Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming?

27.07.2025
Bitcoin Price Prediction: Satoshi-Era Whale Exit Fuels Volatility — What’s Next?

Bitcoin Price Prediction: Satoshi-Era Whale Exit Fuels Volatility — What’s Next?

27.07.2025
What if Strategy Had Invested in XRP Instead of Bitcoin? 

What if Strategy Had Invested in XRP Instead of Bitcoin? 

27.07.2025
Ethena Up 21% After $360M USDe Deal – Can ENA Hit $1?

Ethena Up 21% After $360M USDe Deal – Can ENA Hit $1?

27.07.2025
Load More
Next Post
Trump’s ‘Day One’ Lacks Crypto Government Order Promise, Circle CEO Stays Bullish

Trump’s ‘Day One’ Lacks Crypto Government Order Promise, Circle CEO Stays Bullish

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Ethereum Retail Traders on the Run as ETH Price Struggles at $1.6K

2 years ago
Dormant Bitcoin from 2023 Resurface in Massive Transactions

Dormant Bitcoin from 2023 Resurface in Massive Transactions

2 years ago

Bitdeer pushes crypto mining expansion with new Norway, Bhutan data centers

2 years ago
How Aave plans to support GHO’s liquidity with CRV tokens

How Aave plans to support GHO’s liquidity with CRV tokens

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Increased market volatility as the U.S.–Europe tariff deadline looms

What if Strategy Had Invested in XRP Instead of Bitcoin? 

Ethena Up 21% After $360M USDe Deal – Can ENA Hit $1?

After the Passage of the Genius Act, ALL4 Mining and XRP Will Help Investors Open a New Chapter in Mining Income

Bitcoin Price Prediction: All Eyes on This Descending Triangle Chart Pattern – 100% Move Coming?

Siton Mining Launches New Application to Use XRP to Start BTC Mining Machines

Trending

Bitwise CIO Bets on Bitcoin Rally in 2026, Defying 4-Year Cycle
All news

Bitwise CIO Bets on Bitcoin Rally in 2026, Defying 4-Year Cycle

27.07.2025
0

Bitwise chief investment officer Matt Hougan believes Bitcoin could break from its historical four-year cycle and post...

Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming?

Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming?

27.07.2025
Bitcoin Price Prediction: Satoshi-Era Whale Exit Fuels Volatility — What’s Next?

Bitcoin Price Prediction: Satoshi-Era Whale Exit Fuels Volatility — What’s Next?

27.07.2025
Increased market volatility as the U.S.–Europe tariff deadline looms

Increased market volatility as the U.S.–Europe tariff deadline looms

27.07.2025
What if Strategy Had Invested in XRP Instead of Bitcoin? 

What if Strategy Had Invested in XRP Instead of Bitcoin? 

27.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz