The decline of Memecoin can largely be traced back to the launch of Donald Trump's official Memecoin just before his inauguration in January. This event created a speculative frenzy, leading many to believe that Memecoins and cryptocurrencies had entered a new era. However, the subsequent collapse of TRUMPToken and MELANIA, which fell by 85% and 94% respectively from their all-time highs, quickly changed market sentiment and exposed the underlying "scams." The launch of these tokens drained l...