#Update

Donald Trump and Melania Trump have recently launched their respective meme coins, $TRUMP and $MELANIA, which are now ranked 21st and 89th in market value among cryptocurrencies. 

The $MELANIA coin debuted on the Solana blockchain and reached a market cap of $1.5 billion, trading at $10.44. 

In contrast, the $TRUMP coin boasts a market cap of $10.6 billion, trading at $53.69.  Following the launch of $MELANIA, the price of $TRUMP fell over 50%, dropping from $75 to $30 before recovering.

Meme coins are cryptocurrencies inspired by internet trends and pop culture, often characterized by high volatility.

Despite being labeled as "digital collectibles" rather than investment opportunities, both coins have attracted significant trading volumes—$5 billion for $MELANIA and $44 billion for $TRUMP.

The overall cryptocurrency market cap stands at approximately $3.7 trillion, with Bitcoin contributing around $2.12 trillion amid this recent surge in meme coin activity.

Read the story:#MemeCoins #CryptoNews #TrumpCoin #MelaniaCoin #Cryptocurrency #CryptoTrading #Blockchain #Solana #DigitalCollectibles #CryptoMarket
(@realDonaldTrump) (@MELANIATRUMP)
#Update #TRUMP