Amidst the 47th Presidential oath and the launching of memecoins by said President and the First Lady, today was an eventful and historic day for crypto.

Established players like XRP continue to ride the wave of institutional interest and regulatory optimism, newer tokens like MELANIA and TRUMP dominate conversations with their ability to shake up liquidity flows. Alongside these headline grabbers, XCN and ESE have shown notable movement, with one driven by strong community engagement and the other by technological advancements in DeFi.

The Trump Family: $TRUMP & $MELANIA

OFFICIAL TRUMP (TRUMP)

Price Change (24H): -25.38% Current Price: $49.20

Market Cap: $9.83B 24-Hour Trading Volume: $39.4B Circulating Supply: 200M TRUMP

OFFICIAL MELANIA (MELANIA)

Price Change (24H): +6.79% Current Price: $7.83

Market Cap: $1.5B 24-Hour Trading Volume: $6B Circulating Supply: 192.21M MELANIA

What happened today The crypto market has been shaken by the Trump family’s dual token launches, with TRUMP taking a severe hit following the introduction of MELANIA. Launched two days before the Presidential oath, TRUMP initially gained massive traction, even reaching an all-time high of $75. However, the subsequent release of MELANIA caused a significant liquidity drain, leading to TRUMP’s sharp decline of 25% in a single day. Liquidity was further impacted as the team behind $TRUMP reportedly sold $450 million worth of tokens to exchanges, creating price disparities of up to 30% between on-chain and exchange markets.

On the other hand, MELANIA, launched today, quickly eclipsed its predecessor, reaching a staggering $8B market cap within hours. Its distinct tokenomics, with a shorter 30-day locking period for the team’s 35% share, attracted a flood of investors. This rapid adoption has fueled market speculation, with some analysts suggesting the Trump family rushed these launches to avoid potential legal issues. Despite its success, skeptics have raised questions about the project’s legitimacy, with rumors of Melania Trump’s account being compromised adding to the uncertainty.

The broader market has felt the impact of these high-profile launches, with altcoins experiencing an average decline of 10%. The SOL chain has become heavily congested as new users entered the space to trade TRUMP and MELANIA, further straining the ecosystem. Survey data revealed that 42% of buyers for both tokens are first-time crypto investors, drawn in by the hype surrounding the Trump family’s venture. However, nearly 75% of Americans view these tokens as detrimental to the crypto market, citing the volatility and liquidity drain they have caused.

Despite the criticism, MELANIA currently enjoys greater profitability for its buyers, with 86% reporting gains compared to TRUMP’s 81%. The Trump family’s move into the crypto space has undeniably captured attention, but it has also introduced significant instability. Experts remain divided on whether these tokens represent a new frontier for political and celebrity-backed crypto or an unsustainable bubble that could further disrupt an already volatile market.

Anything else worth mentioning today

XRP (XRP)

Price Change (24H): +3.26% Current Price: $3.24

What happened today XRP continues its strong performance, buoyed by institutional interest and legal victories. ProShares has announced plans for XRP-based ETFs, furthering optimism about improved U.S. regulations, particularly with the recent resignation of SEC Chair Gary Gensler. Additionally, Ripple’s collaboration with Trinity College in its UBRI program highlights the growing adoption of XRP for blockchain research and validator operations. These developments, along with XRP Ledger’s pioneering work in tokenized assets and DeFi integration, have driven a 500% growth for XRP over the last year, cementing its position as a leader in blockchain innovation.

Market Cap: $186.28B 24-Hour Trading Volume: $22.18B Circulating Supply: 57.56B XRP

Onyxcoin (XCN)

Price Change (24H): +14.25% Current Price: $0.01286

What happened today Onyxcoin saw a significant price surge today, driven by heightened investor interest and increased trading volume. The token has captured attention for its scalable blockchain capabilities, eco-friendly design, and strategic partnerships with major fintech companies. While Onyxcoin has historically been volatile, this recent spike suggests growing confidence in its long-term potential. Community engagement and promotional efforts have also contributed to the price movement, making XCN one of the most talked-about assets today.

Market Cap: $395.86M 24-Hour Trading Volume: $367.97M Circulating Supply: 30.79B XCN

Eesee (ESE)

Price Change (24H): +5.80% Current Price: $0.03002

What happened today Eesee capitalized on its AI-driven developments, particularly the launch of its beta-version investment companion, designed to support IDOs and early-stage project investments. This utility has sparked increased interest from the crypto community, boosting both trading volume and price. Eesee’s collaboration with high-profile projects such as the BNB Agents AI IDO and the MiCA-compliant E Money Network has further reinforced its appeal as a key player in the Web3 and DeFi spaces. These partnerships reflect the token’s commitment to fostering innovation and driving adoption within the ecosystem.

Market Cap: $5.46M 24-Hour Trading Volume: $6.8M Circulating Supply: 182.04M ESE

Closing Thoughts

Today’s highlights reveal a market brimming with opportunities, particularly in the sectors of institutional blockchain adoption and decentralized finance. XRP’s sustained growth underscores the rising interest in tokenized assets and regulatory clarity, appealing to both institutions and retail investors. In contrast, MELANIA and TRUMP tokens illustrate the speculative side of the market, capturing attention but creating liquidity concerns for altcoins. XCN’s resurgence points to growing interest in scalable and eco-friendly blockchain solutions, while ESE’s focus on IDOs and AI-driven tools reflects the increasing demand for actionable insights in decentralized ecosystems.

The data also shows a clear divide in participation: institutional interest dominates with XRP, while community-driven hype and retail speculation fuel the activity in MELANIA, TRUMP, and XCN. Meanwhile, ESE’s innovative DeFi tools highlight the sector’s potential to attract both investors and developers. These trends indicate that the market is not only diverse but also increasingly specialized, with different coins reacting to unique drivers. As blockchain technology continues to evolve, the interplay between speculative trends and genuine innovation will remain a defining characteristic of the crypto space.