Memecoin market registered wild swings as TRUMP surged on the back of political drama. All while PEPE and First Lady's MELANIA fell...
If there’s one thing traders love more than a political spectacle, it’s a chance to turn it into profit.with Ukrainian President Volodymyr Zelensky at the White House – an event some senators are already calling a “complete and utter disaster” – memecoins erupted in a frenzy of volatility. TRUMP skyrocketed,
Both tokens’ movements reinforced the market’s sensitivity to hype and rapid capital rotation. While TRUMP’s rally had a clear narrative driver, BONK’s uptick seemed to reflect traders chasing quick reversals.– remained relatively stable, proving once again that they function as anchors during periods of heightened volatility. At press time, DOGE dipped by 0.62%, while SHIB held firm at 0.50% – A stark contrast to the sharper swings seen in smaller tokens.
With traders chasing momentum elsewhere, both tokens saw diminishing demand – The hype seems to have disappeared as quickly as it arrived.The key question now is whether this memecoin rally has real legs or if it’s just another fleeting liquidity-driven spike. TRUMP and BONK’s gains look impressive on the hourly chart, but are they backed by sustained volume and follow-through price action?
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