Meme Coins Surge: TRUMP, MELANIA, and ELON Lead the Charge in Altcoin Market
Several altcoins are making waves today, with political and celebrity-themed cryptocurrencies gaining attention. TRUMP, the official coin of Donald Trump, reached a $15 billion market cap within 24 hours of its launch, while MELANIA, referencing Trump’s wife, followed closely behind, though it’s facing a sharp correction. Meanwhile, Dogelon Mars (ELON), a meme coin tied to Elon Musk, saw its price double after weeks of stagnation, highlighting the growing popularity of influencer-based coins.
$TRUMP has over 850,000 holders and $2 billion in trading volume, but has dropped 34% in the last 24 hours. MELANIA, with 420,000 holders, has seen a 43% decline recently, while ELON surged dramatically, reaching its highest levels since 2022. These coins demonstrate the rising trend of meme coins tied to influential figures, though volatility remains high.
Material prepared by the exchange: coytx.com
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