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The memcoins of Trump and his wife flew out of the top 50 crypto coins and lost 86% of their value. More than $802 million was earned by the president's family and his partners, while the other 810000 investors lost more than $2 billion. By the way, the very first investor invested almost $1.1 million in $Trump even before Donald published the message about the coin's launch. At that time, the price of the token was $0.18. As a result, this investor made $109 million in profit in two days. P.S. A great example of taking money by insider trading.
#BTC USD #GMUSA GMDEFI The crypto market is falling: GMUSA and GMDEFI have returned to the values observed before the US elections. The GMUSA index (SOL, XRP, DOGE, ADA, LINK, LTC and XLM) is down 29% from its peak in January. These tokens represent protocols with legal entities based in the US. The GMDEFI index, which includes DeFi tokens, (LINK, OM, UNI, ONDO, AAVE and MKR), has lost 38% from its December peak.
So confidence in the new crypto-centric US administration is still weak.