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Trump ushering in new ‘era of memecoins,’ analysts call for altseason

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https://cointelegraph.com/news/trump-era-memecoins-analysts-predict-altseason?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Referenced by

Memecoins meet politics: Donald Trump family launches billion-dollar tokens

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Trump’s advisory team launched the Official Trump (TRUMP) memecoin on Jan. 18 and the Official Melania (MELANIA) token on Jan. 19 on the Solana network, ahead of US President-elect Donald Trump’s presidential inauguration on Jan. 20.

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The token rose to a peak market cap of above $14.9 billion on Jan. 19, before falling over 27% to the current $10.8 billion market cap, CoinMarketCap data shows.

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