The meme coins TRUMP, MELANIA, and LOFI are attracting attention in the crypto market due to heightened activity and the ongoing Trump Gala dinner today. The digital currency TRUMP has demonstrated a 71.7% increase over the past month, and its market capitalization has once again exceeded $3 billion, accompanied by a significant increase in trading volume.
The MELANIA token recorded a 12% gain over the week and is nearing the formation of a 'golden cross' - a technical signal that may herald a bullish move. Meanwhile, LOFI, despite the repercussions of the Cetus protocol hack in the SUI ecosystem, has recovered by 9% in the last 24 hours. All three tokens are near key support and resistance levels, indicating a high probability of further volatility.
Meme coin Melania (MELANIA)
Launch date - January 2025
Total circulating supply - 396.29 million MELANIA
Maximum supply - 1 billion MELANIA
Fully diluted valuation (FDV) - $392.49 million
Contract address - FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P
MELANIA, the Trump-themed meme coin, made headlines just a day after the official TRUMP token launch, rapidly reaching a market capitalization of $1 billion within hours.
However, the hype was short-lived - MELANIA quickly entered a phase of sharp correction, losing 90% of its value in the following months.
Dramatic rises and falls have demonstrated the volatility of politically themed meme coins, where retail sentiment dominates price dynamics. Against the backdrop of today's Trump Gala dinner, the MELANIA token is regaining some lost momentum. Over the past week, its price has increased by 12%, and the exponential moving averages (EMA) are nearing the formation of a 'golden cross' - a technical signal that could indicate the start of a bullish trend. If this signal is confirmed, MELANIA may test resistance at $0.426 and $0.488, with a potential breakout to $0.574 if momentum accelerates.
However, downside risks persist: if the support level at $0.382 does not hold, the price may decline to $0.357 or even $0.315.
Official Trump (TRUMP)
Launch date - March 2025
Total circulating supply - 199.99 million TRUMP
Maximum supply - 999.99 million TRUMP
Fully diluted valuation (FDV) - $15.42 billion
Contract address - 0x5c85d6c6825ab4032337f11ee92a72df936b46f6
On the day of the Trump Gala dinner, attention is once again drawn to the official meme coin TRUMP, which has become one of the loudest tokens in meme coin launch history. At the peak of the hype, its market capitalization reached nearly $9 billion in just a few days, attracting the attention of investors and media. Although the initial enthusiasm has waned, the token maintains significant interest, especially during Trump-related events.
At its peak, the market capitalization of TRUMP soared to nearly $9 billion within days, making headlines and attracting investor speculation. Although the initial hype has cooled, the token still generates significant interest, especially during high-profile events related to Trump. Over the past seven days, TRUMP has risen by 21.3%, and over the month - by 71.7%, returning its market capitalization above $3 billion. Trading volume has also increased by 29% in the last 24 hours, reaching $2.37 billion, further indicating a recovery in momentum.
Technically, TRUMP is holding slightly above the key support level at $15.31. Holding this level could open the way for a retest of $16.44, while a break of support could lead to a decline to $13.60, with further targets at $12.16 and $10.37 in the event of increased bearish pressure.
LOFI
Launch date - November 2024
Total circulating supply - 1 billion LOFI
Maximum supply - 1 billion LOFI
Fully diluted valuation (FDV) - $62.86 million
Contract address - 0xf22da9a24ad027cccb5f2d496cbe91de953d363513db08a3a734d361c7c17503::LOFI::LOFI
LOFI has become one of the most prominent meme coins in the growing SUI ecosystem, gaining support from retail investors and outperforming many other tokens in recent weeks.
However, the situation dramatically changed after the hack of the Cetus protocol, a leading liquidity provider in the SUI ecosystem, amounting to $260 million. This incident, caused by an oracle vulnerability and confirmed as a coordinated attack, forced Cetus to suspend all operations.
The consequences were immediate: tokens in the SUI network, including LOFI and HIPPO, experienced price drops of up to 80%, and liquidity pools on several platforms remain frozen. Despite the chaos, LOFI is showing signs of recovery, having risen nearly 9% in the last 24 hours. If this momentum continues, the token may test resistance at $0.076, signaling a return of investor confidence.
However, technical risks remain high: losing the support level at $0.056 could lead to further declines to $0.040 or even $0.0275.#BinanceSquare #Write2Earn #Binance #memecoin🚀🚀🚀 #crypto $TRUMP