Crypto Crashes: TRUMP Tokens Tumble, Whales Weep 😅
Oh, TRUMP. Yes, not the one you’re thinking of—it’s a coin. A flashy coin currently priced at a rather embarrassing $13.19.
- 24h volatility: 13.0% (basically, it’s having a wild identity crisis)
- Market cap: $2.63 B (a smidge less than Jeff Bezos’s pocket change)
- Vol. 24h: $1.72 B (like your ex: all the drama, no substance)
And wait for it, here’s MELANIA: a coin priced at a screaming $0.92. Yes, you read that right—under a dollar, because apparently that’s how much political memes are worth nowadays.
- 24h volatility: 25.1% (someone call the crypto therapist!)
- Market cap: $138.85 M (not even enough to build another Trump Tower)
- Vol. 24h: $115.16 M (more churn than butter in medieval times)
It seems TRUMP and MELANIA tokens are crashing harder than your last diet. Meme coins are falling out of favor faster than celebrities in the cancel culture era. And if the LIBRA incident wasn’t enough drama already, regulators are now speculating that liquidity may soon pivot towards *serious* projects like DeFi, gaming, and NFTs.
Translation? Meme coins might just have hit their “meme expiration date.” 😬
Whale Watching: Sell-Off Season 🐋
So, some whales decided to take a swim elsewhere. On-chain data reveals massive dumps of both coins, and, oh boy, the losses are tear-inducing.
One particularly brave (or reckless?) whale, address “DNTpo,” offloaded 13.98 million MELANIA tokens for 14.32 million USDC.
- USDC: $1.00 (the only coin that isn’t crying itself to sleep)
- 24h volatility: 0.0% (basically this coin is that boring friend who always plays it safe)
- Market cap: $56.56 B
- Vol. 24h: $14.77 B
This “calculated risk” left DNTpo with a $14.9 million loss. 😵 MELANIA slipped 51% faster than a banana peel in just one month.
Another whale (EwkH5) sold 763,483 TRUMP coins for 9.47 million USDC. And get this—it racked up a $25.5 million loss. Yes, $25.5 MILLION. That’s a 72% drop, folks. If heartbreak had a price tag, this is what it’d look like.
Meme Marketcapcapades
A 26% nosedive in the MELANIA price over the past day is enough to make anyone cry into their crypto wallet. With a current price of $0.8969, it’s offering more drama than a mid-season reality TV episode. Meanwhile, TRUMP is down 15.46% at $12.64. Looks like political fame does not equate to financial stability.
At least analyst ‘Vegeta’ (yes, like the anime character) offered a little hope, saying TRUMP could potentially hit $30-$35 range… eventually. Maybe. Possibly. But, hey, there could always be new lows first.
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2025-02-25 16:44