Altcoins Crash As Donald Trump Skips Crypto Mention, Is Altseason Over?

Quick Summary:

Donald Trump’s failure to mention crypto in his inaugural address has triggered an altcoins crash with more than $816 million in long liquidations.

Top assets like Ethereum (ETH), XRP crashed by 5% each while Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) corrected by 10% in the last 24 hours.

While the TRUMP meme coin is down by 50% from its peak of $75, the MELANIA meme coin has crashed 66% from the top.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: Alt season 24/7 Cryptocurrency News Altcoin season Altcoin Altcoin News Altcoin crash Donald Trump Altcoin market crash

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 11:06:35 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 570 words

Reading Time: 4 minutes read

Sentences: 40 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25316442

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