Trump Meme Coin’s Rise and Fall as Melania’s Crypto Takes Center Stage

New York: So, have you heard about the wild ride of Donald Trump’s meme coin? It launched and shot up like a rocket. But then, his wife Melania dropped her own coin, and things got crazy.

The $Trump coin was all the rage, hitting over $70 at one point. Trump was all about it, urging fans to join his “special community.” But just as it was soaring, Melania’s coin came out, and investors started jumping ship.

Once $Melania hit the market, $Trump’s value took a nosedive. It dropped from $74 to around $30 in no time. Can you believe that? It did bounce back a bit, but still, what a rollercoaster!

Analysts were shocked, saying it was wild to see $7.5 billion vanish in just minutes. They noticed a lot of sell orders for $Trump right when Melania’s coin launched.

Now, there’s chatter about potential conflicts of interest. Some folks are worried that Trump might be trying to cash in on his presidency with these coins. It’s a hot topic, for sure.

Both coins have disclaimers saying they’re not political, but with all this buzz, it’s hard to ignore the implications. What a time to be in the crypto world!