The return of Trump ignites the cryptocurrency market: TRUMP and MELANIA Tokens in sight

$TRUMP has regained momentum after a sharp decline due to the launch of Melania Trump's token, MELANIA. The TRUMP token, which was launched a few days before the inauguration, has made a significant recovery, surging over 23% in the past 24 hours and returning to above $60. This revival is driven by a sharp increase in trading volume, up 345% to $52.4 billion. The market capitalization of TRUMP is currently at $11.67 billion, reflecting investors' optimism. However, things don't always go smoothly. The price of TRUMP has dropped sharply from the peak of $75 to $34 after the launch of MELANIA. The token linked to Melania has caused a major disruption, increasing by 69% in the past 24 hours and trading at an average price of $12.34. MELANIA Token attracts attention The MELANIA token code has made an impressive achievement, with early investors earning huge profits. One prominent wallet, identified as 4zo6CY…kqzHF2, bought 3.8 million MELANIA tokens at a price of $800,000 with an average price of $0.208. By selling half of their shares at an average price of $8.583, the wallet recorded a huge profit of $38.6 million. The remaining shares still have unrealized profits of $22.6 million. This development has diverted significant attention from the TRUMP token, causing significant losses for some. However, both tokens are emblematic of the speculative and volatile nature of meme coins. The impact of Trump's policies on the cryptocurrency market When Trump took office, his position on cryptocurrencies was closely monitored. Promising to reduce bureaucracy and promote adoption, Trump's executive orders could usher in a new era for digital assets. Major cryptocurrency leaders and traders are closely monitoring the president's policies on tariffs, trade, and immigration, as these policies could have a global market impact. Trump's inaugural speech is expected to set the tone for 2025, with the cryptocurrency market already reacting positively. Bitcoin leads the upward trend in price Bitcoin, the largest cryptocurrency, is experiencing strong growth, up more than 80% since November. At the time of writing, BTC is trading at an average price of $108,037, with a new all-time high of $109,114 set earlier today. The 24-hour trading volume of Bitcoin has surged by 124% to $111.48 billion, signaling strong investment activity. The accumulated market capitalization of cryptocurrencies has increased by 3% in the past day, reaching $3.73 trillion. Global market fluctuations While the cryptocurrency market is trending upwards, traditional markets are showing mixed signals. The US dollar remains near its highest level in 26 months but has weakened slightly. Meanwhile, the Japanese yen is at 155.98 yen per dollar, amid speculation that the Bank of Japan may raise interest rates for the first time since 2008. Goldman Sachs has warned of the possibility of market volatility as Trump's tariff policies take effect. Traders expect these policies to be implemented gradually to avoid disrupting the global currency market. Conclusion The return of Trump to the White House has injected new energy into the cryptocurrency space. The TRUMP and MELANIA tokens are symbols of a broader trend in digital assets that are attracting attention in political stories. As the self-proclaimed "Cryptocurrency President" takes the reins, the world is closely watching how his administration will shape the future of cryptocurrency and global finance. DYOR! #Write2Earn #MelaniaTrumpLaunchesToken $TRUMP {spot}(TRUMPUSDT)