Breaking
February 23, 2026

Political Meme Coins Implode: TRUMP Down 92%, MELANIA Nearly Wiped Out Christian Encila | usagoldmines.com

US President Donald Trump namesake meme coins have collapsed, leaving many small holders deep in the red. Prices that once drew crowds and headlines have fallen back to earth with blunt force.

Reports say the two tokens tied to the Trump brand – TRUMP and MELANIA coins – plunged from their highs by roughly 92% and nearly 99%, and an estimated $4.3 billion of retail money evaporated in the rout.

Trump Meme Coins: Rapid Collapse

According to on-chain trackers and market reports, a small set of early wallets captured large gains before prices nosedived. Trades and transfers show that insiders moved sizable amounts into stable assets while later buyers were left holding tokens as liquidity thinned.

Some analysts point to token design and one-sided liquidity moves as the technical side that made fast exits possible for those close to launch.

Design Flaws And Early Wins

Reports note that token rules and the way liquidity was set up created a structural advantage for early participants. When supply was unlocked, selling pressure mounted.

Locked allocations that only release over time add another layer: future unlocks could push prices down further as those tokens hit the market. On paper, the launches had flashy names and big promises; in practice, many of the mechanics reportedly favored a handful of insiders.

Market Reaction And Legal Questions

Based on reports from multiple crypto outlets, voices across the space are calling for closer scrutiny. Regulators in several countries have been asked to look at whether marketing and token economics misled ordinary buyers.

Commentators argue that when projects linked to public figures move that much money, the mix of celebrity influence and speculative appetite becomes especially risky.


Community And Social Fallout

Social channels lit up as losses mounted. Some communities turned on the teams behind the tokens, accusing them of running plans that rewarded early actors. Others defended buyers, saying responsibility sits with anyone who chose to put money into volatile, hype-driven assets. Either way, trust in celebrity-branded tokens took a hit.

Reports say market makers and some exchanges are reacting by tightening listings and flagging projects with similar tokenomics. A number of wallets flagged as insiders still hold tokens that could be sold later, and that possibility keeps pressure on price. At the same time, some traders are scanning on-chain flows, hunting for bounce opportunities among the wreckage.

Featured image from Gemini, chart from TradingView

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.