yerevan (coinchapter.com) – Donald Trump’s entry into the cryptocurrency was encountered in Set. Both Trump ($ playing cards) and Melania ($ melania) have experienced significant losses, but the World Liberty Financial, a trump cipher company, reports a sudden decline in portfolio value. Masu.
$ Trump token Falls 75 %
Trump’s memoin, launched on January 17, 2025, rose rapidly to $ 75.35, the highest in history, just two days after its release. By February 3, its value fell to $ 17.62, indicating a sudden decline of 75 %. Despite the early promotion of Trump’s social media, the token performance is under pressure.
Technical data reflects this downward trend. The $ Trump relative strength index (RSI) is less than 50 marks for several days and emphasizes sustainable sales pressure. In addition, Chaikin Money Flow (CMF) remains in a negative area, indicating a continuous capital outflow.
$ Melania token decreases 90 %
Melania Memecoin, which was introduced on January 19, peaked at $ 13.63, but fell around $ 1.40. This indicates a 90 % decrease in values. Like $ Trump tokens, $ melania struggled to attract consistent purchase activities and further worsened the loss.
Both Trump Memecoins were facing the volatility of the market after the release, and neither could recover early momentum.
World Liberty Financial: Crypto Firm, supported by Trump, reports a loss of $ 51.7 million.
The World Liberty Financial, a cryptocurrency investment company related to Donald Trump, has also recorded significant losses. According to Blockchain Analytics Platform SpotonChain, the company has invested $ 242.77 million in cryptocurrency from January 19 to 31, 2024.
The largest assets in portfolios, Ethereum (ETH), accounted for $ 36.7 million losses, down 24.45 %. Bitcoin (WBTC), the second largest holding, decreased by 12.07 %, causing a loss of $ 8 million. The small holding, Esena (ENA), was the most steeper at 43.7 %, which was equivalent to a loss of $ 2 million.
Other assets in portfolios, including Tron (TRX) and AAVE, have contributed to the company’s loss. Tron decreased 14.78 %, and AAVE dropped 35.74 %. Despite the diversification, portfolio could not withstand a wider market sluggish.
The volatility of the cryptocurrency market continues
Bitcoin’s recent decline is a portion of the widespread declining cryptocurrency market following the presentation of President Donald Trump on Canada, Mexico, and China for new trade tariffs. On Sunday, the price of bitcoin was lower than $ 95,000, reaching the lowest day of $ 91,441.89, and the lowest level was recorded in three weeks. This indicates a decrease of about 15 % from the record high last month. Other major cryptocurrencies, such as Ethereum, have experienced significant losses, and Ethereum has decreased by up to 20 %. These developments reflect the growing concerns of investors’ concerns about potential World Trade War and the impact on the cryptocurrency market.
