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TRUMP and MELANIA Tokens: Impact and Market Dynamics

The release of $TRUMP and $MELANIA tokens has generated significant market hype, driving TRUMP’s price to a range of $30–$80 and MELANIA’s to $4–$15.

This surge highlights the powerful influence of celebrity-backed cryptocurrencies, attracting speculative demand and market liquidity.

The launch has also drawn new investors into the space, with many entering via the Moonshot platform, indicating its broad appeal.

This event marks a new chapter for meme coins, as celebrity participation like Trump’s could inspire others to issue their own tokens, fostering diversification within the meme coin market.

Additionally, $TRUMP’s launch on Solana has boosted the blockchain’s transaction volume and network activity. While this provides short-term gains, Solana’s performance may depend on sustained interest in $TRUMP.

The broader impact suggests that celebrity-backed tokens could reshape market trends, drawing in fresh capital and further integrating blockchain with mainstream audiences.

Ryan Lee, Chief Analyst at Bitget Research


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

Robert Kiyosaki slams TRUMP coin, sticks to Bitcoin, gold, and silver

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Insider trading concerns emerge with Trump memecoin

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BitMEX slapped with a $100 million fine for skipping compliance

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Bitcoin and Ethereum price outlook: Testing key levels amidst mixed sentiment

Bitcoin is testing support at $98,000 and $95,000, with resistance at $105,000 and $110,000.

A recent 3% dip and concerns over potential global interest rate hikes have created short-term bearish sentiment.

However, institutional buying, particularly from World Liberty Finance, may stabilize prices if BTC nears $98,000. Upcoming U.S. PCE data could also impact risk asset performance.

Ethereum, trading with support at $3,100 and $3,000 and resistance at $3,450 and $3,600, has been affected by speculative narratives like “Solana Will Flip ETH.”

Positive momentum continues with strong Ethereum ETF inflows and expected scalability updates from Ethereum Core Dev discussions.

Additionally, anticipated World Liberty Finance announcements this week may boost ETH demand.

Both assets remain pivotal, with market catalysts and macroeconomic factors shaping their near-term trajectories.

Ryan Lee, Chief Analyst at Bitget Research


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

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