The cryptocurrency market witnessed a dramatic turn of events with the launch of Melania Trump’s cryptocurrency, $MELANIA, on January 20, 2025. The currency directly took a surge in value, with its market capitalization rapidly exceeding $5 billion. This move caused a sharp decline in Donald Trump’s $TRUMP coin, highlighting potential volatility for Trump-affiliated cryptocurrencies and raising questions about the broader implications for the crypto market. This competition will reshape the market and determine what lies ahead for investors.
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