TRUMP and MELANIA meme coins have become the new market sensation with impressive price increases. These are the official cryptocurrencies of the future 47th US president, Donald Trump, and the first lady-in-waiting, Melania Trump. These have taken over the market with high demand, high price trajectories and high trading volume. However, these Trump family meme coins have also faced significant volatility and declines, leading to concerns about their long-term performance. Let’s see where these tokens will be by the end of January.
TRUMP and MELANIA Meme Coin enter the market with boom
Donald Trump’s official TRUMP meme piece entered the market on January 17 and jumped 3,500% in one day. The rise continued through today, creating an ATH of $75.35 with high demand and trading volume. The TRUMP token is still very bullish, trading at $57.47 with a trading volume of $51.90 billion, up 250% and counting.
Not only will Donald Trump become the first seat US President with coin holdingsbut it also launched its own meme-themed cryptocurrency. Although investors are enthusiastic about it, critics have expressed concerns about its involvement in a volatile asset.
The MELANIA meme coin quickly followed and exhibited a similar bullish rally. A few hours after launch, MELANIA flipped the TRUMP coinreaching an ATH of $13.73. However, volatility quickly took over, causing a sharp correction, with the price currently trading at $10.92.
Donald Trump’s launch of a meme-themed cryptocurrency was a monumental move ahead of Inauguration Day. The crypto community is now monitoring the future performance of these tokens, but there are still fears of a crash.
TRUMP and MELANIA Memecoin price forecast for end of January
The performance of meme coins TRUMP and MELANIA still parallels their uptrend. However, due to their recent launch, only limited technical factors can be considered for their long-term forecasts, especially as TRUMP and MELANIA prices face volatility issues.
Despite this, the future looks bright for these cryptocurrencies due to their connection to the president-elect and his wife. If Donald Trump’s inauguration meets investor expectations and crypto maintains its optimism, the TRUMP meme coin price could reach $100 by the end of January.
At the same time, the price of MELANIA can reach $30 or more. However, the Trump meme token will definitely have a higher valuation due to its direct attributes with the president. On the other hand, the MELANIA meme coin could maintain its market capitalization at a higher level. But it all depends on January 20 and Inauguration Day.
TRUMP and MELANIA Price fear crash with Inauguration Day
The close launch of TRUMP and MELANIA meme coins disrupted the entire crypto market. Many investors came to the forefront, making millions in profits within hours or days of launch. However, volatility has hit these meme-themed cryptocurrencies, leading to significant consolidation. Although this is quite common, it can disrupt their entire price trajectories, although it becomes the best coins of the market.
Interestingly, the performance of these TRUMP-themed coins will depend heavily on crypto regulations and future President Donald. Considering that three scenarios can take place. If today’s Trump inauguration event went well, the price of TRUMP and MELANIA could increase thanks to bullish crypto-related developments. However, these tokens could crash if the inauguration fails to share important crypto announcements. This will result in the loss of billions of hundreds of holders as people actively bought these tokens in FOMO and hype.
The third situation indicates the possibility of a sideways trend, which can occur if the public becomes desensitized to the news. Overall, the January 20 inauguration could make or break these cryptos, and the entire crypto market will witness its effects as well. In the optimistic scenario, the price of the TRUMP meme could reach $100 and MELANIE could climb to $30 by the end of the month.
Key takeaways from this article
Donald Trump and his wife Melania’s official cryptocurrencies have taken over the crypto market with continued gains. As the tokens were launched only a few days ago, increased investor demand has allowed them to get off to a fast start, but the next few days remain a crucial period, during which consolidations and price declines could take over. The most important event is Trump’s inauguration on January 20, which can lead to three situations: a price rise, a crash or a consolidation in the price of the MELANIA and TRUMP meme coin.
Moreover, considering the high demand for these tokens, the price of TRUMP could reach the $100 mark and the price of MELANIA could reach $30, ending the January price prediction positively. However, this is just speculation at this time and the actual price may vary depending on market conditions.
Pooja Khardia
With a deep-rooted passion for reading and five years of experience in content writing, Pooja is now focused on creating trending content in the cryptocurrency market. As a dedicated crypto journalist, Pooja is constantly on the lookout for trending topics and informative statistics to create compelling articles for crypto enthusiasts. Keeping up with the latest trends and advancements in the field is an integral part of his daily routine, fueling his commitment to providing timely and insightful coverage.
Disclaimer: Content presented may include the author’s personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.
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