The newly launched $trump and U.S. first lady Melania Trump's $melania memecoins have each plummeted as traders cash

Crypto market buoyant as Trump executive order expected - Incoming president tells fans to ‘have fun’ with new digital currencies

Following Donald Trump’s presidential inauguration, the cryptocurrency market has experienced a mix of price actions. Bitcoin (BTC) has managed to maintain its position above the $101K mark, while meme coins like Dogecoin (DOGE),

"God candle," Samson Mow, a bitcoin developer who leads the Jan3 bitcoin wallet company, posted to X and referring to a sudden spike in the bitcoin price that creates a "candle" on a trading chart as the bitcoin price suddenly soared, hitting $109,400 on the Coinbase bitcoin and crypto exchange.