TRUMP AND MELANIA OUTSHINE DOGE IN POPULARITY RANK: KEY INSIGHTS

TL; DR

Donald Trump's meme coin, TRUMP, ranked as the top trending token on January 21st. Melania and the Doge followed next, the latter gaining attention due to his connection to Elon Musk's new government initiative.

These memories stole the show

Donald Trump officially became the 47th President of the United States on January 20. in addition Following his success in the political arena, the Republican launched his own meme coin on January 18, making waves in the crypto sector.

Official Trump (TRUMP) symbol A few hours later, it shocked the crypto community with a dramatic price increase. Its market cap has briefly increased to over $14.5 billion. to do It is the second largest meme coin (only behind DOGE). TRUMP has lost a bit of steam in the last few days, and its current capitalization is less than $8.5 billion. Therefore, Shiba Inu (SHIB) returned the second place.

Despite the retreat, the frenzy surrounding the Trump-themed meme coin remains more than palpable. According to Santiment, he Level As of January 21st as the top trending token across the crypto sector.

“It's Trump. It is being discussed. Following the controversial listing on Coinbase and the risks of investing during a volatile market, the data analysis platform has revealed.

The US-based cryptocurrency exchange is among the latest. Embrace The coin of the meme. in the past that, BinanceBibit and many other authorized trading services.

Interestingly, the second most trending token is also related to the Trump family – Melaniathe official commemorative coin of the First Lady of the United States.

“Melania is trending due to the recent launch of the meme coin, which is generating significant market movement and volatility. The discussions highlight the connection to the Trump meme coin,” Sentiment explained.

Similar to TRUMP, MELANIA has seen an impressive rally in the first hours of her existence. Its market capitalization peaked at more than $2 billion on January 20 before falling to its current $600 million.

Who is the third?

Trump-themed tokens are trending more than The biggest meme coin into terms Market price – Dogecoin (DOGE). According to Sentiment, the dog-themed property took third place due to its growing popularity in connection with the newly formed US Department of State Efficiency (DOGE) led by Elon Musk.

“This initiative has sparked a lot of discussion on social media by linking cryptocurrency to government jobs. Additionally, discussions around the possibility of new meme coins linked to public figures like Trump and Musk contribute to speculation about Dogecoin's future performance and importance in the crypto space.” The platform added.

The CEO of Tesla is known As a staunch supporter The coin of the OG meme, often praised on social networks. As such, DOGE's supporters are hopeful that he will continue to prove his worth. Being at the helm The division mentioned above.

as a Cryptopotato reported On January 21, the price of DOGE in short The official website of the department has been filled with double digits after introducing the meme coin logo. We are yet to see if there will be any further announcements that could affect the price. In the near future.