TRUMP, MELANIA, and LOFI are three meme coins drawing attention today amid renewed market activity and the Trump Gala Dinner. TRUMP has surged 71.7% over the past month, with its market cap back above $3 billion and trading volume up sharply.
MELANIA is up 12% this week and approaching a potential golden cross, while LOFI has rebounded 9% in the last 24 hours despite ecosystem-wide fallout from the Cetus Protocol hack. All three tokens sit near key support and resistance levels, with volatility expected to remain high.
MELANIA, the Trump-themed meme coin, made headlines after launching just one day after the official TRUMP token, skyrocketing to a $1 billion market cap within hours.
However, the hype was short-lived—MELANIA quickly entered a steep correction phase, shedding 90% of its value in the following months.
The dramatic rise and fall exemplified the volatility of politically themed meme tokens, with retail sentiment dominating price action.
Now, with the highly anticipated Trump Gala Dinner taking place today, MELANIA is regaining some momentum.
The token is up 12% over the past week, and its EMA lines are nearing a golden cross formation—a potential bullish signal. If the setup confirms, MELANIA could challenge resistance at $0.426 and $0.488, with a possible breakout toward $0.574 if momentum accelerates.
However, downside risks remain: if the $0.382 support fails, the price could retreat to $0.357 or even $0.315.
With the Trump Gala Dinner taking place today, attention is turning once again to the official TRUMP meme coin, which was one of the most hyped meme tokens ever launched.
At its peak, TRUMP’s market cap surged to nearly $9 billion within days, capturing headlines and investor speculation alike. While the initial frenzy cooled, the token still commands significant interest, especially during high-profile Trump-related events.
TRUMP has rallied 21.3% in the last seven days and 71.7% over the past month, pushing its market cap back above $3 billion. Trading volume is also up 29% in the last 24 hours, hitting $2.37 billion—another sign of renewed momentum.
Technically, TRUMP is hovering just above a key support at $15.31.
Holding that level could pave the way for a retest of $16.44, while a breakdown might send it lower to $13.60, with deeper downside targets at $12.16 and $10.37 if bearish pressure builds.
LOFI was one of the standout meme coins in the rising SUI ecosystem, riding a wave of retail enthusiasm and outperforming many peers in recent weeks.
However, the ecosystem quickly shifted following the $260 million exploit of Cetus Protocol, the leading liquidity provider on SUI. The attack—linked to an oracle vulnerability and now confirmed as a coordinated exploit—forced Cetus to halt all operations.
The ripple effects were immediate: tokens across the SUI network, including LOFI and HIPPO, experienced price crashes of up to 80%, and liquidity pools remain frozen across multiple platforms.
Despite the chaos, LOFI has shown signs of life, climbing nearly 9% in the past 24 hours.
If the rebound holds, the token could retest resistance at $0.076, signaling a potential recovery in confidence.
That said, technical risks remain elevated—if LOFI loses the $0.056 support, it could spiral further down to $0.040 or even $0.0275.
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