Trump and Melania surge, LOFI faces fallout from Sui | Notable coin meme

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TRUMP, MELANIA, and LOFI are three meme tokens attracting attention today amid a vibrant market activity and the Trump Gala Dinner. TRUMP has increased by 71.7% in the past month, with its market capital returning to over 3 billion USD and trading volume surging strongly.

MELANIA increased by 12% this week and is approaching a potential Golden Cross, while LOFI has recovered 9% in the past 24 hours despite the Cetus Protocol hack incident. All three tokens are near important support and resistance levels, with volatility predictions remaining high.

Melania Meme (MELANIA)

  • Launch Date – 01/2025
  • Total Circulating Supply – 396.29 million MELANIA
  • Max Supply – 1 billion MELANIA
  • Fully Diluted Valuation (FDV) – 392.49 million USD
  • Contract Address – FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P

MELANIA, the Trump-themed meme token, gained attention after launching just one day after the official TRUMP token, quickly soaring to a market capital of 1 billion USD within hours.

However, the hype did not last long—MELANIA quickly entered a strong correction phase, losing 90% of its value in the following months.

This sudden rise and fall illustrates the volatility of politically-themed meme tokens, with small investor sentiment driving price actions.

MELANIA price analysis.MELANIA price analysis. Source: TradingView.

Currently, with the Trump Gala Dinner happening today, MELANIA is regaining some momentum.

The token has increased 12% in the past week, and its EMA lines are approaching a potential Golden Cross—a potential bullish signal. If this setup is confirmed, MELANIA could challenge resistance levels at 0.426 USD and 0.488 USD, with the potential to break out to 0.574 USD if momentum accelerates.

However, downside risks remain: if the 0.382 USD support fails, the price could retreat to 0.357 USD or even 0.315 USD.

Official Trump (TRUMP)

  • Launch Date – 03/2025
  • Total Circulating Supply – 199.99 million TRUMP
  • Max Supply – 999.99 million TRUMP
  • Fully Diluted Valuation (FDV) – 15.42 billion USD
  • Contract Address – 0x5c85d6c6825ab4032337f11ee92a72df936b46f6

With the Trump Gala Dinner happening today, attention is once again focused on the official TRUMP meme token, one of the most heavily promoted meme tokens ever launched.

At its peak, TRUMP's market capital surged to nearly 9 billion USD within days, attracting investor attention and speculation. Although the initial enthusiasm has cooled, the token continues to draw significant interest, especially during Trump-related events.

TRUMP price analysis.TRUMP price analysis. Source: TradingView.

TRUMP has increased 21.3% in the past seven days and 71.7% in the past month, pushing its market capital back over 3 billion USD. Trading volume has also increased 29% in the past 24 hours, reaching 2.37 billion USD—another sign of new momentum.

Technically, TRUMP is hovering just above a critical support level at 15.31 USD.

Maintaining this level could pave the way for retesting 16.44 USD, while a break could push the price lower to 13.60 USD, with deeper decline targets at 12.16 USD and 10.37 USD if selling pressure increases.

LOFI

  • Launch Date – 11/2024
  • Total Circulating Supply – 1 billion LOFI
  • Max Supply – 1 billion LOFI
  • Fully Diluted Valuation (FDV) – 62.86 million USD
  • Contract Address – 0xf22da9a24ad027cccb5f2d496cbe91de953d363513db08a3a734d361c7c17503::LOFI::LOFI

LOFI is one of the prominent meme tokens in the developing SUI ecosystem, attracting small investor attention and outperforming many other tokens in recent weeks.

However, the ecosystem quickly changed after the 260 million USD attack on Cetus Protocol, the leading LP on SUI. This attack—involving an oracle vulnerability and confirmed as a coordinated attack—forced Cetus to halt all activities.

Immediate widespread consequences: tokens on the SUI network, including LOFI and HIPPO, experienced price drops up to 80%, and liquidity pools remain frozen on multiple platforms.

LOFI price analysis.LOFI price analysis. Source: TradingView.

Despite the chaos, LOFI has shown recovery signs, increasing nearly 9% in the past 24 hours.

If this recovery momentum holds, the token could retest the resistance level at 0.076 USD, signaling a potential restoration of confidence.

However, technical risks remain high—if LOFI loses support at 0.056 USD, it could continue declining to 0.040 USD or even 0.0275 USD.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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