The newly launched $trump and U.S. first lady Melania Trump's $melania memecoins have each plummeted as traders cash

Key Takeaways The official TRUMP and MELANIA meme coins saw massive price declines over the past couple of days, as Donald Trump was inaugurated as the 47th President of the United States.Bitcoin, on the other hand,

Bitcoin, however, is a fundamentally different, hard asset. While the mania surrounding crypto often spills over into Bitcoin’s price movements, Bitcoin itself remains largely unaffected in the long term. It continues to progress steadily, and I believe we’ll see a full recovery soon.

"God candle," Samson Mow, a bitcoin developer who leads the Jan3 bitcoin wallet company, posted to X and referring to a sudden spike in the bitcoin price that creates a "candle" on a trading chart as the bitcoin price suddenly soared, hitting $109,400 on the Coinbase bitcoin and crypto exchange.

Trump- and Melania-themed digital tokens minted billions on paper for the first family while raising conflict-of-interest and foreign influence concerns.

Digital currencies values surges amid expectation that new administration will support ‘crypto-friendly’ environment

Just three days after launching a Melania Trump memecoin, its value has plunged 73% from its top price. The first lady launched her Melania Meme (MELANIA) on Sunday a day after Donald Trump launched his own memecoin.

The meme coins recently launched by President Donald Trump and First Lady Melania Trump saw significant drops in value this week.