Why is the market down again? What is happening? Well trump has done it again, this time launching memecoin for his wife Melania. It has already reached 10 billion market cap. Many are selling their alts to buy it, and people who have trump is also selling to jump in.
This is absolute blood bath. But let's take a step back expect high volatility happening , this may however be a good time to invest in altcoins and get them at discount. However believe it will continue to drop as more people put their money into trumps memecoins.
A lot is in discount and will be on discount until inauguration of trump .
Not financial advice.