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...

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...