TRUMP and MELANIA meme coins have become the new market sensation with impressive price rallies. These are the official cryptocurrencies of the soon-to-be 47th US president, Donald Trump, and the first lady in waiting, Melania Trump. These have taken over the market with heavy demand, high price trajectories, and trading volume. However, these Trump-family meme coins also faced volatility and significant drops, leading to concerns about their long-term performance. Let’s see where these tokens will stand by January’s end.
TRUMP and MELANIA Meme Coin Enter Market With Boom
Donald Trump’s official TRUMP meme coin entered the market on January 17 and surged 3500% within a day. The surge continued until today, creating an ATH of $75.35 with high demand and trading volume. The TRUMP token is still highly bullish, trading at $57.47 with $51.90 billion in trading volume, up by 250% and counting.
Not only will Donald Trump become the first sitting US President with meme coin holdings, but he has also launched his own meme-themed cryptocurrency. While investors are enthusiastic about this, critics have raised concerns about his involvement with a volatile asset.
MELANIA meme coin followed up soon and presented a similar bullish rally. Within hours of launch, MELANIA flipped the TRUMP coin, reaching an ATH at $13.73. However, the volatility soon took over, causing a sharp correction, currently trading at $10.92.
Donald Trump’s launch of a meme-themed cryptocurrency was a monumental decision before Inauguration Day. The crypto community is now watching these tokens’ further performance, but there is still a fear of a crash.
TRUMP and MELANIA Memecoin Price Prediction For January End
The performance of the TRUMP and MELANIA meme coins is still parallel to their bullishness. However, due to their recent launch, only limited technical factors can be considered for their long-term prediction, especially as the prices of TRUMP and MELANIA face volatility challenges. Despite that, the future looks bright for these cryptocurrencies due to their connection with the elected president and his wife. If Donald Trump’s inauguration went per investor expectation, and the crypto maintained the bullishness, the TRUMP meme coin price could hit $100 by January end.
At the same time, the MELANIA price can hit $30 or higher. However, Trump’s meme token will certainly have a higher valuation due to its direct attributes with the President. On the other hand, the MELANIA meme coin might maintain its market cap on the higher side. However, this all depends on January 20 and the inauguration day.
TRUMP and MELANIA Price Fears Crash With Inauguration Day
The close launch of TRUMP and MELANIA meme coin has disrupted the entire crypto market. Many investors came to the front, making millions in profits within hours or days of launch. However, the volatility did hit these meme-themed cryptocurrencies, bringing significant consolidation. Although this is quite common, this can disrupt their entire price trajectories despite becoming the top meme coins of the market.
Interestingly, the performance of these TRUMP-themed coins will highly depend on the crypto regulations and soon-to-be President Donald. Considering that three scenarios can take place. If today’s Trump inauguration event went well, the TRUMP and MELANIA price could rise higher thanks to bullish crypto-related developments. However, these tokens could crash if the inauguration failed to share significant crypto announcements. This will lead to hundreds of holders losing billions, as people have actively bought these tokens in FOMO and hype.
The third situation indicates the possibility of a sideways trend, which can happen if the audience becomes desensitized to the news. Overall, the January 20 inauguration could make or break these cryptos, and the entire crypto market will also witness its effects. In the optimistic scenario, the TRUMP meme coin price could hit $100, and MELANIE could jump to $30 by the end of the month.
Key Points To Remember From This Post
Donald Trump and his wife Melania’s official meme cryptocurrencies have taken over the crypto market with continuous gains. As the tokens were launched just days ago, higher investor demand has given them a speedy start, but the next few days remain a crucial period, during which consolidations and price drops may take over. The biggest event is Trump’s inauguration on January 20, which can result in three situations: price rally, crash, or consolidation for the price of the MELANIA and TRUMP meme coin. Moreover, considering these tokens’ high demand, the TRUMP price may reach the $100 mark, and the MELANIA price may reach $30, ending the January price prediction positively. However, these are just speculations for now, and the actual price may vary depending on market conditions.
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