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Trump-Themed Memecoins Shake Up Crypto Markets as Liquidity Providers Adapt




The cryptocurrency market has once again been impacted by Donald Trump and Melania Trump-themed memecoins, which have surged in popularity and trading volume. This unexpected wave has had a significant effect on blockchain infrastructure, exchange platforms, and even liquidity providers. The memecoins, $TRUMP and $MELANIA, have triggered congestion on the Solana network, led to new CFD offerings, and pushed Bitcoin to new highs amid speculation surrounding Trump’s pro-crypto stance.

Solana Faces Congestion Amid Trump Memecoin Hype

The launch of $TRUMP and $MELANIA coins caused an unprecedented surge in activity on the Solana blockchain, leading to network congestion, transaction failures, and delays. Popular Solana-based services such as Phantom, Jito, and Jupiter faced severe strain, with Phantom handling over 8 million requests per minute.

Even centralized exchanges like Binance, Robinhood, and Coinbase experienced infrastructure overload due to high trading volume. Coinbase CEO Brian Armstrong acknowledged that the exchange was unprepared for such a surge, emphasizing the need for scalability improvements.

Despite the congestion, Solana’s network remained operational, recording a 24-hour DEX trading volume of $23.7 billion, significantly surpassing Ethereum and its Layer-2 counterparts.

Trump and Melania Memecoins Go Mainstream

As Trump and Melania Trump enter the crypto space, major platforms have embraced their memecoins, further legitimizing the trend. Robinhood listed $TRUMP for spot trading, while eToro added the token to its experimental assets category, although it remains unavailable in certain jurisdictions like the UAE, Germany, and the USA.

Melania Trump also launched her own cryptocurrency, $MELANIA, adding to the growing list of political-themed digital assets. The memecoins quickly gained traction, with $TRUMP soaring to $74 before plunging to $38, only to stabilize around $63. Similarly, $MELANIA traded at $3.9 after a significant drop.

Both coins saw heightened volatility, reminiscent of meme-based assets like Dogecoin and Shiba Inu, as traders speculated on their potential.

Match-Prime Introduces CFDs for Trump-Themed Coins

The financial sector has responded swiftly, with CySEC-regulated liquidity provider Match-Prime launching crypto CFDs for $TRUMP and $MELANIA. This allows forex brokers to offer leveraged trading on these volatile assets, further integrating them into mainstream markets.

Match-Prime’s move follows the likes of Robinhood and eToro, who have already embraced the Trump-themed tokens. The liquidity provider stated that forex brokers should take advantage of the opportunity to offer these trending instruments to their clients.

As liquidity providers and exchanges adapt to the memecoin trend, traders gain more avenues to engage with these digital assets, albeit with significant risks due to their extreme volatility.

Bitcoin Hits $110K Amid Trump’s Crypto Influence

Beyond memecoins, Trump’s pro-crypto stance has helped drive the entire market upward, with Bitcoin reaching a new all-time high of $110,000.

The anticipation surrounding Trump’s inauguration and his campaign promises, such as a strategic Bitcoin reserve and reduced crypto regulations, have driven bullish sentiment across the industry.

Institutional investors have also increased their exposure, with Bitcoin ETFs recording a surge in inflows.

Final Thoughts

The rise of Trump and Melania-themed cryptocurrencies is a new chapter in the evolution of memecoins. What started as a joke in the crypto community is now gaining institutional attention, mainstream trading support, and significant liquidity.

While memecoins remain highly speculative and volatile, their ability to influence blockchain infrastructure, exchanges, and even major financial institutions cannot be ignored.

With Trump’s presidency expected to be pro-crypto, the market could see more political-themed digital assets and greater integration into traditional financial systems.

Stay updated with the latest crypto news on ForexTank.

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