Crypto Crashes: TRUMP Tokens Tumble, Whales Weep šŸ˜…

Crypto Crashes: TRUMP Tokens Tumble, Whales Weep šŸ˜…

Crypto Crashes: TRUMP Tokens Tumble, Whales Weep šŸ˜…

Oh, TRUMP. Yes, not the one you’re thinking ofā€”it’s a coin. A flashy coin currently priced at a rather embarrassing $13.19.

  • 24h volatility: 13.0% (basically, itā€™s having a wild identity crisis)
  • Market cap: $2.63 B (a smidge less than Jeff Bezosā€™s pocket change)
  • Vol. 24h: $1.72 B (like your ex: all the drama, no substance)

And wait for it, hereā€™s MELANIA: a coin priced at a screaming $0.92. Yes, you read that rightā€”under a dollar, because apparently thatā€™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 wasnā€™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 ā€œmeme expiration date.ā€ šŸ˜¬

Whale Watching: Sell-Off Season šŸ‹

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 ā€œDNTpo,ā€ offloaded 13.98 million MELANIA tokens for 14.32 million USDC.
Melania Token Chart

  • USDC: $1.00 (the only coin that isnā€™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 ā€œcalculated riskā€ left DNTpo with a $14.9 million loss. šŸ˜µ 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 thisā€”it racked up a $25.5 million loss. Yes, $25.5 MILLION. Thatā€™s a 72% drop, folks. If heartbreak had a price tag, this is what itā€™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, itā€™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 ā€˜Vegetaā€™ (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.

Read More

2025-02-25 16:44