Melania Token Faces Decline in Popularity as Retail Investors Abandon It

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The cryptocurrency world, particularly the area of memecoins, is familiar with volatility. It is not too often that we tell the story of a coin, any coin, that reaches a market cap of nearly $800 million at its height and then sees its volume drop to nearly nonexistent levels just weeks later. Of course, that was the range of odd-yet-expected happenings that saw Melania Token go up and then back down. What makes a coin go so high and then low at speeds that seem to defy the laws of physics and gravity? Although $MELANIA initially captured the imagination of

The post Melania Token Faces Decline in Popularity as Retail Investors Abandon It appeared first on The Merkle News.

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