Meme Coins: A Trump and Melania Crypto Tale
USAMon Jan 20 2025
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This: former US President Donald Trump and his wife Melania jump into the crypto world with their own meme coins—$TRUMP and $MELANIA. Trump's coin shot up in value but crashed just as quickly. What happened? Melania's coin launch caused a storm, with traders ditching Trump's coin to scoop up Melania's. The crypto analysts at The Kobeissi Letter watched in disbelief as $7. 5 billion vanished from Trump's coin in just 10 minutes. It's a wild ride in the world of crypto, isn't it?
In a twist, David Sacks, a crypto advisor appointed by Trump, said the "reign of terror" against crypto was over, suggesting more innovations could be coming. But the big question is, how far will these crypto adventures go? And will other big names follow suit?
Crypto is a fast-paced game, and these meme coins show just how quickly things can change. It's like a rollercoaster ride—one moment you're at the top, and the next, you're plummeting. This is the crazy world of meme coins, where fortunes can be made and lost in the blink of an eye.
https://localnews.ai/article/meme-coins-a-trump-and-melania-crypto-tale-9b738059
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