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First Lady Melania Trump has launched her own memecoin on the Solana (SOL) blockchain, which quickly skyrocketed to a valuation exceeding $9.4 billion just hours after its release. Melania Trump’s social media platform X account suddenly announced that MELANIA was live for trading on Sunday. According to Bubblemaps, there are major discrepancies between MELANIA’s reported tokenomics and actual distribution. “JUST IN: The bubble map of MELANIA does NOT match the distribution on their website.” Source: Bubblemaps/X Bubblemaps is not the only prominent crypto voice questioning the launch of First Lady’s new coin. Former White House Communications Director Anthony Scaramucci expressed strong disapproval of any tokens associated with Trump, likening them to “Idi Amin-level corruption.” Despite criticism, Binance announced it was launching support for MELANIA today, While ByBit and Kraken also added support for the new memec...

Bitcoin (BTC) has lost a supposedly strong price support by the end of the week, trading below $69,000. Now, cryptocurrency traders look for the next Bitcoin price support levels to watch in the charts moving forward. Previously, the $69,000 had constituted a significant resistance level for the leading cryptocurrency, marking a cycle’s top in 2021. This price set an all-time high for Bitcoin back then, which was challenged and briefly broken on March 9. One week later, BTC retraced below what traders would expect to become a strong support level, raising the possibility that its previous breakout was actually a deviation—or what is known as a “false breakout.” Picks for you Hertz to replace CEO after ‘disastrous’ bet on Tesla and EVs 31 mins ago 3 cryptocurrencies for a 5x market cap increase in 2024 2 hours ago Short squeeze alert: 2 cryptocurrencies with pump potential next week 2 hours ago Ripple dumps 240M XRP from March unlock; What’s next? 19...