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Trump Memecoins Plunge, With $TRUMP at $9 and $MELANIA Below $0.25

Fresh reporting highlights alleged preannouncement profits alongside pay-to-play concerns tied to token promotions.

UNITED STATES - JANUARY 24: President Donald Trump and first lady Melania Trump speak to reporters on the South Lawn of the White House before boarding Marine One en route to North Carolina and California on Friday, January 24, 2025. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
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Overview

  • $TRUMP once neared $75 in January before sliding 88% to about $9 by late August.
  • $MELANIA peaked around $8.50 and has dropped roughly 98%, now trading under a quarter.
  • A Financial Times investigation found traders made nearly $100 million by buying $MELANIA minutes before its launch announcement and selling after the spike.
  • In April, Trump offered a private dinner for the top 220 $TRUMP holders at his Virginia golf club, a promotion that coincided with a price bump.
  • The steep reversals and reported windfalls have fueled ethics questions about insider advantages and access-for-investors optics.