After US President-elect Donald Trump’s wife, Melania, launched memecoin, the Bitcoin price dropped below 100 thousand dollars. This is sourced from site data Binance.
Thus, according to data as of January 19 at 23:00 Moscow time, the cost of the cryptocurrency reached 106,422 thousand dollars. As of 04:00 Moscow time on January 20, the Bitcoin price dropped to 99.08 thousand dollars.
January 19 Melania Trump follows her husband started cryptocurrency memcoin $MELANIA.
According to media reports, within half an hour from the moment of launch, the capitalization of the currency of the future First Lady was purchased by about 20 thousand investors. At the same time, the value of Trump’s currency fell 60%.
On January 17, Trump announced the launch of the cryptocurrency $TRUMP. As noted on the Axios portal, the unexpected launch of the cryptocurrency coincided with the “cryptocurrency ball” that the politician organized for representatives of the crypto industry in Washington. created a sensation. Positioned as “Trump’s only official memecoin,” the coin’s value increased by more than 600% overnight, reaching nearly $32.
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Source: Gazeta

Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.