Trump Family Meme Coins: Is the Hype Over?

In the days following any new crypto's launch, anything is theoretically possible. The project itself will be unproven, and market demand will be impacted

The crypto markets remained largely unchanged on the first full day of the Trump administration, with investors awaiting news of crypto-related executive orders and other announcements from the White House.

At the SEC, former commissioner Mark Uyeda was promoted to acting chair of the American financial regulator, marking the official start of what’s expected to be a more crypto-friendly regime.

Bitcoin and Ethereum were both hovering around their opening prices – and the Trump family’s recently launched meme coins, TRUMP and MELANIA, both struggled to maintain their pre-inauguration hype levels.

The price of TRUMP fell almost 50% as soon as MELANIA launched on Sunday, and the First Lady’s meme coin has gradually fallen from a high over $13 to $4 at the time of writing (and recent lows as far as $2.20 on some exchanges).

These fast-moving developments drove countless investors to the Meme Index platform, snapping up the project’s MEMEX token in anticipation of its launch later this year.

Here’s a closer look at why you need to know about Meme Index, and how things could play out for TRUMP and MELANIA.

Trump Family Meme Coins: Is the Hype Over?

In the days following any new crypto’s launch, anything is theoretically possible. The project itself will be unproven, and market demand will be impacted by even the smallest news stories. The coin’s early price action will also be taken as an indicator of its future potential – even though only time can really tell, given the unpredictable nature of the crypto markets.

In the case of meme coins, that unpredictability and uncertainty will reach even more extreme levels. This is because market sentiment and community support are both vitally important for the survival of any meme coin project – let alone its ability to push its price upward and reward bulls with significant profits.

In times like these, technical analysis can offer at least some insight into a brand-new token’s future potential. For TRUMP bulls, there’s currently some good news on this front, as the coin appears to have broken out of a descending wedge chart pattern.

If the bulls are able to capitalize on this opportunity, they could pump TRUMP towards $64, or even drive it through its all-time high around $77. At the same time, bears will be trying to keep the price down – and late buyers may also try to take their profits or cut their losses, perhaps having been spooked by the sudden price drop caused by the launch of MELANIA.

However, if MELANIA is able to recover from its own bearish price action, sidelined potential TRUMP buyers could become emboldened and begin purchasing as many TRUMP tokens as their risk tolerances will allow. As for the MELANIA meme coin itself, its chart is not looking particularly healthy.

For the time being, MELANIA is resting slightly below the middle of a range between $3.30 and $6.20 – and it has not yet fully tested that range’s upper limits. Instead, the price has stayed under heavy pressure and failed to establish an encouraging trend in either direction. By applying Bollinger Bands to the above chart, we can clearly see how tightly the MELANIA price is being compressed.

When Bollinger Bands are squeezed this close together, it’s a sure sign that a big move is coming. MELANIA holders are now simply playing a waiting game – and for meme coin fans who quickly get tired of deep technical analysis, it’s time to learn more about Meme Index…

Meme Index: Invest in Meme Coins Without Extreme Volatility

For some traders and investors, technical analysis is at least interesting, if not fun – but even if you happen to enjoy it, it’s also extremely time-consuming. On the other hand, Meme Index ($MEMEX) offers a quick and easy way to profit from bullish meme coin moves across not just one crypto, but a whole collection of tokens at once.

After buying a bag of MEMEX, you can stake your new tokens in your choice of carefully curated indexes (or “baskets”) that represent a selection of meme coins with similar volatility levels.

If you lean more towards the conservative side, you might prefer the Meme Titan Index (where you’ll find classic and mainstream memes like DOGE, PEPE, and SHIB). If you're more of a degen, the Meme Frenzy Index will expose your holdings to the latest high-reward (and high-risk) tokens.

Covering the middle ground, you can also find the Moonshot and Midcap indexes – and MEMEX also acts as a governance token. This enables MEMEX holders to vote on the contents of future indexes, and decide how the current range of baskets should evolve.

After the recent Trump family meme hype, the Meme Index presale has been inundated with MEMEX buyers – and the current (discounted) token price is $0.0154077.