Dear Readers,
While we anticipate the Donald Trump's Presidentship will make favours to crypto policies which is good for the crypto markets, his launch of the meme coin - Offical Trump ( TRUMP) gained momentum in the last 24 hours and currently has grabbed the 18th rank in the crypto market cap.
It has moved from the All Time Low of $6.24 on Jan 18, 2025 to make a new ALH of 75.35 USD on Jan 19, 2025.
It is currently trading at 53.87$, 20% drop in the 24 hours.
It has losing momentum once the Melannia meme coin @MELANIA was launched. The Official Melannia meme is trading now at $10.24 which is a 39.76% up in the last 24 hours.
These two coins make the crypto world by surprise and shocking. There were few has achieved much profits and while many investors were lost their money in the Trump meme coin.
While addressing the launching function, Donald Trump has marked this as not an investment instrument but to support the Winning with the words FIGHT FIGHT FIGHT.
While it sees this as a early sign of Donald Trump's pro crypto policies and others are quite worry with the launch of this cryptos and the investors influence on US Government.
As meme coins these would be having more fluctuations on eithers sides which would trigger happiness and sad moods with its investors. Let's see how this is going to be derived in the coming days?
