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The Melania Meme price has dropped 57% in the last 24 hours to trade at $4.88 as of 4:00 a.m. EST on trading volume that went down 32% to $2.8 billion.
The new meme coin launched only two days after the TRUMP token saw massive success, and it skyrocketed as TRUMP saw a major decline. However, MELANIA’s success did not last for long. After launch, the token went from $7.41 to $13, only to drop back to $7, and surge back to nearly $14, all within a few hours. Following this, however, the token started spiraling down, and its price ended up below the launch price within 24 hours from the moment it made its market debut.
MELANIA reached an all-time low nine hours ago, dropping to $3.37. However, it managed to recover 44% since then, but it is still 57% down from 24 hours ago.
Official Melania Meme Price Prediction
The Official Melania Meme was off to a great start yesterday in the early hours of the inauguration day, but unfortunately, its good performance was short-lived. The token’s market cap never reached the same height as the TRUMP token, which even now, nearly 30% down, sits above $7.6 billion.
Its Bollinger Bands have been tightening after the initial price surge, with its price mostly stuck to the lower band and pushing it deeper and deeper down. This finally changed about seven hours prior to the time of writing, when its price climbed above the middle line between the two bands and started fluctuating between this level and the upper band.
This started a slight price recovery, but as of yet, MELANIA was unable to climb above the value of $5, which is now acting as a major resistance.
The new meme coin’s Relative Strength Index (RSI) value shows that there was initial excitement around the meme coin yesterday. After that, however, traders took profit and started engaging in a major sell-off that pushed the RSI into the oversold zone at around 24.
The start of the new day brought a new wave of purchases which pushed the RSI back up to 68, reaching the edge of the overbought zone, although the price failed to mirror yesterday’s success, only surging up to just under $5 before a new dip started.
This behavior suggests that the meme coin’s initial success came as part of the hype, partially because of the new meme coin launch, and partially due to its name and ties to the new US First Lady. However, the token quickly fell under the bearish wave that pushed Bitcoin down from $109k to $102k, and it continues to struggle after the initial hype has passed.
Promising Alternative To MELANIA
As the MELANIA price saw a major correction, traders turned to the other best opportunity in the crypto industry right now — Flockerz (FLOCK).
Flockerz is another meme coin, currently still in presale, although it is worth noting that retail investors and whales alike doubled down on it today, as this is its ICO enters its last day. In 24 hours, FLOCK will officially conclude its presale, and will emerge on its first exchanges.
The project has managed to raise over $11.61 million so far, blowing up after it introduced an innovative Vote-To-Earn model. This is a unique new model meant to incentivize FLOCK token holders to participate in the project governance. Each time when a token holder votes on a new proposal, they get rewarded with a small amount of FLOCK, which they can stake to keep growing their wealth through staking rewards.
If you ain't got $FLOCK then there's no shot you're making it in Flocktopia 📈 pic.twitter.com/mSnZ8qgwhP
— Flockerz (@FlockerzToken) January 20, 2025
By repeating this cycle, you can turn the project into a money-making machine, where you only need to show up, vote, stake the received tokens, and keep earning more from staking. To start the process, you must first become a token holder in order to receive your voting rights. That is why buying in ICO, while the token’s price is still low and affordable, is crucial.
Right now, FLOCK sells for only $0.0066883, but many speculate that its price will blow up after the launch, as there is a huge demand for a project that makes it so easy to earn crypto without having to risk your money in trading.
ClayBro, a crypto YouTuber with over 135k subscribers, says that FLOCK is likely to skyrocket after going live, and potentially see 10X gains.
Whether or not this 10X surge will happen will become apparent soon enough, but even if it doesn’t FLOCK represents a solid long-term investment. It is a project that figured out a simple, yet effective way to maintain high levels of decentralization, which already puts it ahead of many of its competitors.
Buy FLOCK here before its presale ends in 24 hours.
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