This weekend was nothing short of chaos in the crypto world. From unexpected token launches to jaw-dropping market moves, it’s safe to say that crypto Twitter is questioning reality. Let’s dive into the key events that shook the space over the past 24 hours.
Trump Drops a Token on Solana – The Market Goes Wild
Donald Trump stunned the crypto world by launching his very own token. And the platform he chose for this bold move? Solana.
The result? Solana’s price surged to a staggering $294.33 in mere hours. Even after cooling down to the $240–$250 range, this was still a massive leap for the blockchain. Traders and investors alike were left scrambling to keep up.
Melania Joins the Party with Her Own Token
Just as the market was catching its breath, Melania Trump threw a curveball by launching her own memecoin. Donald Trump wasted no time promoting it across his social platforms, adding fuel to the already blazing fire.
The reaction was explosive. The MELANIA token hit a $5 billion market cap within its first hour of trading. Meanwhile, Trump’s own token took a hit, dropping over 38% and wiping out $5 billion in value. What’s going on behind the scenes?
Blockchain Analysts Raise Eyebrows
Here’s where things get interesting: Blockchain analysts uncovered that 90% of MELANIA’s supply is held in a single wallet. This sparked speculation about a coordinated strategy – or possibly separate teams behind each token.
One wallet linked to MELANIA’s creation has been active on Solana’s memecoin launchpad, pump.fun. This discovery suggests that the team behind MELANIA might be unrelated to Trump’s official token launch. Is this a strategic family move or just a coincidence? Only time will tell.
Market Reactions and Search Spikes
The Trumps’ foray into crypto has sent shockwaves through the industry. Google Trends data revealed that searches for “buy crypto” and “buy Solana” have reached all-time highs. Even terms like “Coinbase” and “crypto app” saw a surge as newcomers rushed to enter the market.
BitMEX co-founder Arthur Hayes believes this is just the beginning. He’s boldly predicting that the TRUMP token could hit a $100 billion valuation by inauguration day, signaling a seismic shift in how crypto and politics intertwine.
What’s Next for TRUMP and MELANIA Tokens?
Donald Trump’s token is still leading with a $15 billion market cap, but MELANIA is hot on its heels. With inauguration day looming, speculation is rampant about what this could mean for the broader market. Is this the start of a new era where political accountability and blockchain converge?
One thing’s for sure – the crypto world is watching closely. The next moves from the Trumps could reshape how people view digital assets and their place in the political arena.
Questions fréquentes
What is the TRUMP token, and why was it launched?
The TRUMP token is a cryptocurrency launched by Donald Trump on the Solana blockchain. Its purpose is still unclear, but it has captured massive attention in the crypto community.
Why did Melania Trump launch a separate token?
Melania Trump’s memecoin launch has raised questions about coordination. With 90% of its supply in a single wallet, analysts are unsure if this is a strategic family move or a separate initiative.
How did Solana’s price react to these launches?
Solana’s price surged to $294.33 shortly after the TRUMP token launch. Even after stabilizing at $240–$250, this marks a significant price jump, demonstrating Solana’s ability to host major crypto projects.
