The cryptocurrency discipline went by a wild trip all through the previous 24 hours, witnessing the first-ever launch of a meme coin by a president of a rustic. And we’re not speaking about simply any nation; we’re speaking about america of America.
Donald Trump pushed his TRUMP meme coin, which exploded and in lower than two days turned one of many largest cryptocurrencies, attaining billions of {dollars} price of whole market capitalization. Now, nevertheless, the token plunged massively, dropping greater than 50% in lower than a few hours.
Apparently sufficient, Donald Trump isn’t the one member of the household launching cash. His spouse Melania Trump simply introduced hers.
Trump’s official X account reposted the announcement. It seems she’s following the same playbook as a result of over 88% of the provision is held by a single pockets, in keeping with information from Dexscreener. On the time of this writing, the token is buying and selling at round $4 and a $4 billion market cap.
SPECIAL OFFER (Sponsored) Binance Free $600 (CryptoPotato Unique): Use this hyperlink to register a brand new account and obtain $600 unique welcome provide on Binance (full particulars).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this hyperlink to register and open a $500 FREE place on any coin!