Why Trump and Melania's Meme Coins Are Plummeting: Unpacking the Billion-Dollar Investor Losses Amidst Ongoing Trump Profits

The cryptocurrency market surrounding President Donald Trump and Melania Trump has recently suffered a significant downturn, erasing billions in investor wealth and triggering ethical, legal, and regulatory inquiries. A new analysis highlights that the Trump family has allegedly reaped $3.4 billion during Donald Trump's presidency through various ventures. Investigations reveal that the $TRUMP token was launched shortly before his second inauguration on January 17, surging from 18 cents to nearly $75 in value in just 48 hours, achieving a market cap exceeding $14.75 billion initially. However, it has since fallen to approximately $16, marking an 88 percent decrease. Melania's $MELANIA coin has fared even worse, dropping 98 percent from its mid-January peak of $8.50. These meme coins, lacking robust technology, represent highly speculative investments, with allegations of $TRUMP and $MELANIA being potential “rug pulls.” Reports indicate that over 813,000 wallets lost nearly $2 billion in just 19 days, while the Trump Organization maintains 80% of total tokens, risking further volatility.