
The cryptocurrency market is experiencing notable declines, particularly among meme-based coins. Trump coin currently has a market cap of $3.2 billion, while Melania coin is valued at $675 million and Fart coin at $330 million. Despite these figures, all three coins are down over 90% from their all-time highs (ATH). Fart coin, in particular, has seen a drastic drop of 88% in just over a month and is now down more than 90% from its ATH, which occurred 36 days ago. Analysts are questioning whether the peak for Trump coin has already been reached, as the market dynamics shifted significantly following the launch of these coins by President Trump and First Lady Melania shortly before the inauguration.
Was $TRUMP coin the top? https://t.co/3N8AeIoQ1F
🌀January 2025 flipped the script on memecoins. When President Trump dropped $TRUMP just days before his inauguration - and First Lady Melania followed with $MELANIA- the game was forever changed 👇🧵 https://t.co/lI82dePxXY
Since we're at about a 90% drawdown from peak on Fartcoin, I wonder if we can get serious now Solana didn't exactly do themselves any favors by just becoming the venue for all of this lunacy


