There were clear winners in Donald Trump’s campaign surprise launch of the Solana meme coin Friday night: Trump himself, of course, and early investors in the coin soar. Solana itself also rising towards a new absolute record during the weekend.
But other major coins are down overall, and none are bigger than Dogecointhe original and still most valuable meme coin by market capitalization.
DOGE has fallen more than 15% since ASSET was launched on Friday, rising from a price of $0.4318 – the highest price seen for Dogecoin in over a month – to a current price of $0.3652.
It’s down nearly 7% on the day, but remains up 12% on the week due to prior gains over the past seven days.
Other notable coins fell harder on the day, with Fartcoin (FARTCOIN) down 19% after hitting a record price on Sunday, while Dogwifhat (WIF) is down 11%, Floki (FLOKI ) is down 9%. , and Pepe (PEPE) fell 7%.
Overall, the crypto market is down around 3% over the past 24 hours, according to data from CoinGecko. Bitcoin is roughly level on the day at $104,510 after hitting a new all-time high of $108,786 earlier Monday, while Ripple-linked XRP gains momentum amid Inauguration Day debates at the current price of $3.28, up over 3.% today.
TRUMP itself fell 22% on the day to the current price of around $49, still down since Sunday’s surprise launch of a official token of Melania Trump linked to Donald’s wife.
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