The cryptocurrency market was shaken by the debut of $TRUMP, a meme coin launched by US President-elect Donald Trump.
Since its release on January 17, the token has attracted billions of dollars in trading volume. As of January 20, $TRUMP is trading at $60, with a 64% gain in the past 24 hours, though it has dipped from its peak of $75, according to CoinMarketCap.
According to Coingecko, $TRUMP has quickly climbed the ranks, becoming the 22nd most valuable cryptocurrency globally. This surge has significantly boosted Donald Trump’s net worth, reportedly solidifying his position as one of the richest individuals in the world.
With the price dip and Trump’s inauguration scheduled today, there is widespread speculation about the token’s future trajectory.
Donald and Melania Trump’s Meme Coins Shake the Crypto Market
The $TRUMP token launched on the Solana network on January 17. In the first few hours after its launch, major players like Bitcoin, Ethereum, Ripple, and Tether experienced notable declines.
However, Solana ($SOL), the blockchain supporting the Trump tokens, performed better than other top cryptocurrencies during this period.
https://www.coingecko.com/en/coins/official-trump
Notably, the token peaked at $79 on January 19, which pushed Solana’s price to an all-time high of $295.
However, both $TRUMP and $SOL have since retraced some of their gains, with $SOL trading at $265.05 as of this morning.
$TRUMP Expected to Continue Bullish Run
The launch of $MELANIA, a cryptocurrency meme coin by incoming First Lady Melania Trump, has caused significant ripples in the crypto market, briefly impacting the performance of her husband’s $TRUMP token.
According to CoinGecko, $MELANIA debuted with a massive 3,000% surge, hitting a high of $13.14 before settling at $11.42.
https://www.coingecko.com/en/coins/melania-meme
The launch of $MELANIA caused $TRUMP to drop over 50%, from $75 to $37, before recovering to around $64.
In the last 24 hours, $TRUMP recorded a trading volume of $31.59 billion, a 15.40% increase from the previous day.
$TRUMP reached an all-time high of $73.43 on January 19, 2025, but the current price is 32.15% lower. Its all-time low of $4.29 was recorded on January 18, 2025, making the current price 1,061.16% higher.
Despite initial price fluctuations, analysts suggest $TRUMP remains bullish, with potential resistance at $79 and a target of $109 if the rally continues.
However, a break below $53 could signal a deeper correction.
get ready for the $trump breakout to $100 pic.twitter.com/ojfFVMdNvg
— Sweep (@0xSweep) January 20, 2025
In fact, analysts like Sweep have predicted a $100 breakout for $TRUMP, and others like him have also predicted a $100 billion market cap soon.
They questioned it at $3B.
— Bark (@barkmeta) January 19, 2025
They’re fading it at $60B.
What will they say at $100B?$TRUMP is unstoppable 🚀
Early investors in Trump’s $TRUMP meme coin reaped massive triple-digit gains since its Friday launch, with quick movers capitalizing on the hype. However, some traders hesitated, fearing Trump’s social media accounts were hacked, and missed the opportunity.
This situation highlights a recurring issue in the cryptocurrency world: the dominance of whales and insider groups. It is against this backdrop that Wall Street Pepe emerges as a beacon for retail investors.
Could $WEPE be the Next Crypto to Explode Like $TRUMP?
Designed to empower the average trader, $WEPE aims to disrupt a market long dominated by big players and restore fairness. Wall Street Pepe ($WEPE) takes a stand against the status quo.
The meme coin’s mission is simple: to build the WEPE Army, a community-driven movement focused on turning everyday traders—the “frogs”—into market movers and “whales.” By uniting retail investors under a shared vision, $WEPE aspires to level the playing field and challenge the influence of crypto’s elite.
$WEPE holders join the WEPE Army, gaining access to exclusive trading calls and professional-grade analysis designed to help them trade with confidence and avoid being exit liquidity.
https://www.youtube.com/watch?v=Kv1CiRYpRM4
The project merges meme coin culture with real utility, offering features like staking for passive rewards and insider signals to spot profitable tokens early.
Since its presale in December, $WEPE has consistently raised over $1 million daily, accumulating over $53 million to date.
Early investors can stake their tokens at a 26% annual yield, encouraging long-term participation. With its first DEX listing anticipated in Q1, $WEPE is set for further growth.
$WEPE is currently priced at $0.0003665; tokens can still be purchased during the presale stages using ETH, USDT, BNB, or a bank card.
With the price increasing as the presale progresses, now is the best time to join the $WEPE Army and take a stand against crypto whales.
Don’t miss your chance to be part of this revolutionary movement!