$Melania $Trump memecoin has now fallen more than 80% from its all-time high reached on January 19th.

Since its peak, $1.8 billion in market capitalization, or about $360 million per day, has been lost.

This significant decrease highlights the volatile nature of memecoins and the cryptocurrency market in general. The steep drop in value indicates that investor sentiment can shift rapidly, often driven by market trends, news, or social media influence.