$TRUMP token suffers a crash Melania Trump's $MELANIA meme coin launch sparked a crypto frenzy, hitting a $5 bn market cap and causing a 40 per cent crash in Donald Trump's $TRUMP token within minutes Donald Trump’s memecoin initially soared in value, reaching $14 billion market cap, placing it among the top 20 cryptocurrencies. However, the launch of $MELANIA triggered an abrupt market shift. Within minutes of the announcement, $TRUMP’s value plummeted by nearly 40 per cent, with many investors selling their holdings to jump on the $MELANIA bandwagon. Analysts reported that $TRUMP’s market cap dropped by $7.5 billion within just 10 minutes following the release of Melania’s token. The $TRUMP coin has also joined Trump’s expanding merchandise portfolio, which includes luxury watches, silver coins, limited-edition sneakers, and NFT trading cards. Reports indicate these ventures have generated significant revenue, including $7.2 million in NFT licensing fees alone. #TrumptMarketInsights