Today’s news stream significantly impacts altcoin prices. ME Token plunged following a recent announcement after a substantial rise. Meanwhile, as Bitcoin 
$91,967 hovered around $106,000, recent announcements particularly influenced altcoin markets. The latest buzz was related to a token associated with Trump’s spouse, which caused MELANIA Token to experience a double-digit surge.
MELANIA Token Launch
Just hours before Trump took his presidential oath, he released his token, drawing massive volume. Shortly after, his spouse launched her meme token, MELANIA Token. Initially, it peaked due to the hype but soon reversed trend, suffering from the general market downturn.
As this article was being prepared, MELANIA Token inked a deal with Wintermute for liquidity and experienced a double-digit rise.
Strategic Developments
“MELANIA signed an agreement with Wintermute to provide liquidity. Token holders will see $MELANIA tokens moved to new wallets. Additionally, the $MELANIA team is launching a new website for $MELANIA.”
This indicates that the token might undergo a broad recovery phase, aided by professional market maker support. The launch of a new website suggests that their agreement may extend beyond mere market-making activities. There is potential for more centralized exchanges to list the token, which could drive it to new heights.
