meme coins volatility follows trump

While America watched Trump return to the White House, a digital gold rush erupted in the crypto space. The official TRUMP token, launched January 18, 2025, just before inauguration, skyrocketed to an $9.7 billion market cap within 24 hours. Built on Solana, prices jumped past $80. Not bad for a JPEG with some code behind it.

Then came the crash. When MELANIA token launched the very next day, TRUMP plummeted 45%. Ouch. The presidential couple competing for crypto dollars? Welcome to 2025. TRUMP eventually stabilized around $27, while MELANIA settled at $0.84. The family that trades together, stays together.

The White House crypto soap opera continues as First Family tokens duke it out in digital markets.

Today, TRUMP trades at $13.24 – up 6% while Bitcoin tanks to 84,184. Small victory in a bloodbath. Meanwhile, everyday investors have lost about $2 billion since launch. The total market cap for political coins increased by 1.8% in the past 24 hours, reaching around $2.9 billion. But hey, the new SEC administration conveniently declared these tokens exempt from securities rules. Timing is everything.

The ownership structure raises eyebrows. A whopping 80% of TRUMP tokens are held by CIC Digital LLC and Fight Fight Fight LLC, both Trump Organization affiliates. Conflict of interest? The White House is too busy hosting crypto summits to notice. The coin’s total supply of 47 million aligns symbolically with Trump being the 47th president. Trump plans to announce a federal crypto reserve soon. Make America Mine Again.

California congressman’s “MEME Act” aims to stop lawmakers from profiting from memecoins. Fat chance passing through a Republican Congress. The show must go on.

The copycat parade continues unabated. MAGA, Super Trump Coin, TRUMP ON BASE, Doland Tremp, FreeDum Fighters, TheTrumpToken – each more ridiculous than the last. Combined market cap in the billions. America’s financial priorities at their finest.

These coins remain wildly speculative, with prices swinging based on tweets, rallies, and whatever comes out of Trump’s mouth next. Crypto whales with massive holdings often coordinate movements via private messaging apps, causing dramatic price fluctuations. Available on exchanges everywhere – because why make gambling difficult? Expect a roller coaster for the next four years. Democracy meets digital casino. Place your bets.