With Bitcoin bleeding value due to a streak of not-so-good political issues, including the recent US tariff threats, AVAX price has also dipped in value. However, the Avalanche price decline has been marginal, since the token has lost only 1% of its total value.
The Solana-based meme coin OFFICIAL TRUMP (TRUMP) is extending its recovery after bouncing from recent lows for the second day.
TRUMP price continues to struggle, dropping more than 4% in the last 24 hours as it trades near historical lows. The bearish momentum has persisted for over a week, causing TRUMP to lose its position as the third-largest meme coin to PEPE, with a market cap now sitting at just over $3 billion.
Late January and early February 2025 provided ample – if ephemeral – opportunities for swift meme coin traders to make a massive profit with either high-profile or accidentally prominent cryptocurrencies.
SEC Commissioner Hester Peirce says memecoins like TRUMP are outside the agency's jurisdiction as investors lose $2 billion from the token's decline.
Many altcoins are struggling as the fear and greed index remains in the fear zone and the closely watched altcoin season index stays on the sidelines. Most cryptos are down by over 50% from their highest levels this year, making them bargains compared to where they were a few weeks or months ago.
The TRUMP cryptocurrency has plummeted to new lows, erasing most of its value within a month. This drawdown is the result of the ongoing tariff wars waged by the US President.
The cryptocurrency market has resumed its downtrend today, with the market cap losing $125 billion over the last 24 hours.
A cryptocurrency trader who had amassed over $11 million in profits with TRUMP memecoin has given it all back, accumulating more than $21 million in losses amid the tariffs crash.
The crypto market remains under pressure, with Bitcoin (BTC) now trading below the $100,000 mark and Ethereum (ETH) slipping under $3,000.
The President of the United States, Donald Trump, continues to expand his footprint in the crypto space by integrating his official memecoin, $TRUMP, into the sale of merchandise. Holders of $TRUMP can now purchase items such as sneakers, watches, and perfumes using this token.
The 24-hour liquidation heatmap also showed that there was a strong likelihood that TRUMP would gravitate toward $30.7.
After remaining in a downtrend for the past eight days, TRUMP may have bottomed at $25, according to analysts.
The market capitalization of Donald Trump's meme coin, Official Trump (TRUMP), briefly exceeded $14.5 billion; however, it did not have a noticeable impact on the overall cryptocurrency market.
The cryptocurrency market is experiencing a downtrend today, affecting many altcoins. The global cryptocurrency market cap today is $3.37 trillion, down 6% in the past 24 hours.
TRUMP's rapid rise and fall highlights memecoin volatility. Are investors ready to dive back in, or is the risk too steep?
What do a U.S. President, meme tokens, and cryptocurrency exchanges have in common? Together, they are driving the conversation around mainstream crypto adoption.
With Donald Trump assuming office as the US President, the crypto market has experienced heightened volatility. While some altcoins have surged, others have faced significant crashes, and many are gaining attention due to recent developments.
The Official Trump meme coin has bounced back strongly after forming a bottom at $32 with the TRUMP price up 20% at press time moving past $41. This surge comes amid developments of fresh TRUMP ETF filings with the US SEC on Tuesday.
The crypto market's surge preceding US President Donald Trump's inauguration appears to have lost momentum. This is reflected by the drawdown recorded in total market capitalization over the past 24 hours.
The U.S. President Donald Trump's newly launched crypto, TRUMP, has showcased impeccable performance since its inception. The meme coin's price skyrocketed, allowing it to reach an all-time high of over $73.
TL;DR President Trump's inaugural speech avoided crypto topics, causing TRUMP and MELANIA tokens to crash. TRUMP token dropped 43%, while the MELANIA token plunged over 60% due to unmet crypto policy expectations. Experts warn of the risks of celebrity-driven tokens and emphasize the speculative nature of meme coins.
The meme coins tied to President Donald Trump (TRUMP) and Melania (MELANIA), which skyrocketed in popularity and nearly doubled in value within hours, are now in freefall. However, token prices have crashed by 60% in just one day, as traders react to Trump's omission of crypto from his much-anticipated inaugural speech.
Two crypto whales bought 307,400 TRUMP , investing $7.06M and $3.167M during a price dip.
Several altcoins are gaining attention today, driven by growing interest in political and celebrity-themed cryptocurrencies. Among the standout performers is TRUMP, Donald Trump's official coin, which skyrocketed to a $15 billion market cap within just 24 hours of its debut.
Last Friday, Donald Trump announced the launch of his new cryptocurrency, Official Trump (TRUMP 10.64%). The meme coin has gotten off to an explosive start.
With the broader crypto market seeing a surge in activity just hours before Donald Trump's inauguration, attention is shifting to key altcoins that could see significant movement in the coming days.
An indicator called the cumulative volume delta shows traders are either shorting perpetual futures or closing long positions.
Ever since Donald Trump was elected as the new president of the U.S., the crypto markets have turned extremely bullish. A couple of crypto-favourable moves raised optimism, which pushed the Bitcoin price beyond the $100K milestone.
Politifi tokens like MAGA and PEOPLE soared during the 2024 election.
Dogecoin is outperforming the market as Donald Trump leads the race to the White House. Moreover, the volume over Bitcoin surged above $81 billion, almost doubled compared to the previous day, resulting in a new ATH at $75,000.
The decline in Harris-themed tokens was starkly contrarian to the rise in Trump-themed tokens.
The US elections are on the cards as the top ones, like Dogecoin & Shiba Inu, are gaining back the lost attention. While the entire market is consolidating on election eve, these memecoins have been performing well, with a notable rise in the social sentiments as well.
As the US Presidential elections draw closer, political meme-based altcoins are gaining traction. Increased uncertainty has pushed some tokens to appreciate significantly while others remain stable.
Leading political finance (PolitiFi) coins have defied the broader market trend, experiencing price declines in the past 24 hours. ConstitutionDAO (PEOPLE) and Maga (MAGA) saw their values drop despite overall market stability.
With former President Donald Trump topping the charts on Polymarket, a popular predictions platform, the political finance (politifi) tokens have enjoyed a strong 16.7% boost in the past 24 hours. All ten of the leading politifi tokens are in the green, with many showing double-digit gains.
This year's crypto landscape is buzzing with a new and unexpected trend – PolitiFi tokens. As the U.S. elections draw near, politically themed cryptocurrencies are gaining traction, creating unique opportunities for investors. These tokens are not just driven by hype but by real-world political movements, offering an exciting fusion of politics and finance.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Political-themed memecoins completely outpaced all other memecoin categories this year and Donald Trump has just dropped another NFT collection.
The crypto coins market is poised for a significant rebound, with several coins predicted to triple in value. This comes ahead of the US Federal Reserve's rate decision in September.
A recent disclosure of Donald Trump's financial interests shows he holds millions of dollars in cryptocurrency as well as receiving considerable income from NFT licensing fees.
TL;DR Donald Trump-linked memecoins have plummeted following his interview with Elon Musk and Kamala Harris's positive advance in the polls. The Kamala Harris-inspired memecoin, KAMA, has experienced a 16% increase over the past week.
The team behind one of the famous Donald themed tokens called MAGA revealed their faces during Bitcoin conference 2024 at Nashville. This is the first time some meme coin team has shown their faces to the world. Let's explore what this means for the MAGA token and for the investors.
MAGA is painting a classic bullish reversal pattern right ahead of Donald Trump's keynote at the upcoming Bitcoin 2024 conference in Nashville.
In recent months, the crypto market has assumed an aura of frustration – if not outright despair – for those investors seeking to take advantage of cryptocurrencies' tendency to rapidly multiply their value during bull cycles.
Polymarket said the UMA's 'No' answer to the market betting on if Barron was involved in the DJT token was 'wrong.'
After Bitcoin (BTC) plumbed its recent depths to $58,400 on Monday, a bounce on Tuesday has followed. With this bounce the memecoins have been let off the leash.