{"id":147187,"date":"2025-01-21T08:00:35","date_gmt":"2025-01-21T06:00:35","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=147187"},"modified":"2025-01-20T16:45:26","modified_gmt":"2025-01-20T14:45:26","slug":"trump-family-memecoins-signal-potential-start-of-altcoin-season","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/trump-family-memecoins-signal-potential-start-of-altcoin-season\/","title":{"rendered":"Trump Family Memecoins Signal Potential Start of Altcoin Season"},"content":{"rendered":"
On January 18 and 19, ahead of Donald Trump\u2019s presidential inauguration, his team introduced the Official Trump (TRUMP<\/a><\/strong>) and Official Melania (MELANIA<\/a><\/strong>) tokens on the Solana blockchain, causing a stir in the market.<\/p>\n Experts have pointed to the significance of these token launches, with blockchain specialist Anndy Lian calling it a transformative moment for memecoins and altcoins. He compared it to the ICO craze, but with a larger market impact due to celebrity backing and the involvement of major financial groups. This could set the stage for a new era of memecoin-driven market movements.<\/p>\n Despite initial enthusiasm, the TRUMP token faced sharp volatility, dropping by 17% in the lead-up to January 20. It briefly reached a market cap of over $14.9 billion but quickly fell to around $10.8 billion, losing $5 billion in value after the MELANIA token launch<\/a><\/strong>. This highlights the unpredictable nature of such assets, with fluctuations driven by market sentiment and speculative trading.<\/p>\n