Valued at approximately $1.7 billion right now, Melanie Trump has launched her memecoin in the crypto market. Following this activity, Ripple’s XRP has fallen below with notable losses. Leading the pack, IntelMarkets has disrupted the trillion-dollar crypto market with its mind-blowing AI integration and deployment of auto trading robots – driving huge gains.
Why Is XRP in the Red Zone? Here’s What We Know.
Ripple’s XRP witnessed a nosedive as multiple crypto markets sold off today. The price dropped more than 5% in a widespread crypto market that hit various major digital coins. Several ongoing regulatory uncertainties around the XRP price have made numerous cryptocurrency investment risks worse, putting more pressure on the market.
The XRP price moved close to the $3 support level, baffling many traders in a snap. The price sits near the top of Bollinger Band on daily and weekly charts. Short sellers have become more active, pushing prices down further. Multiple market experts see numerous possible paths for XRP’s price in the near term.
Another 10% drop in its value could take place even if support levels stay where they are right now. Several analyses show that the XRP price might lose a third (or roughly) of its value if the selling doesn’t stop or slow down. Numerous major exchanges report heavy selling as multiple crypto market dips gain momentum.
Trump Presidency Surprise: Melania Trump Launches Memecoin
Melania Trump has launched her own cryptocurrency, named Melania, just ahead of her husband Donald Trump’s inauguration as the U.S. president. The token is hosted on the Solana blockchain and has entered with a market valuation of $1.7 billion, following the earlier release of $TRUMP, which currently boasts a $12 billion valuation.
She announced the launch on social platform X and invited users to join the ‘Official Melania Meme’ movement. Both $MELANIA and $TRUMP websites include disclaimers stating the tokens are not intended as investment opportunities or securities, which strategically adds a layer of caution to their promotional efforts.
These developments have shown a 360° shift in the Trump family’s point-of-view on digital assets, with Donald Trump previously labeling crypto a ‘scam.’ During his campaign, however, he accepted the industry, pledging to reduce regulatory barriers and create a strategic Bitcoin reserve. His victory also brought optimism to the market, driving BTC to a new ATH of $107,000.
AI-Based Modern Crypto Trading Platform Rivals Crypto Giants
While the shifting sentiment in the market is equating to major dips in XRP price, it turns out a strong contender is silently rooting for a massive launch. IntelMarkets is a dual-chain AI-based crypto trading platform that offers up to 1,000x leverage and advanced trading tools to its users. So far, INTL has become the hottest presale of the year, with over $7 million raised already.
With the growing improvements and practical product launches within the platform, IntelMarkets is positioned to outshine the cryptocurrency giants with its widespread adoption among institutional investors and retail traders mainly because the platform’s dual-functionality offers traders the flexibility to choose their preferred blockchain based on their trading strategies.
IntelMarkets’ Presale Stage 8 Sells Out in a Jiffy: Enters Stage 9
IntelMarkets’ presale rounds are completed before the estimated timeframe given by its expert analysts. They’re claiming the platform to become the next XRP if it’s able to maintain the same level of enthusiasm among investors. Given its currency statistics and bullish transactions within the platform, IntelMarkets is positioned to outshine projects like Ripple soon after its listing.
As Ripple’s XRP faces a backlash from investors, resulting in massive offloads and dips in the ecosystem, IntelMarkets is receiving a phenomenal response from the market. With over $1,610,000 raised from Fortune 500 investors and receiving backing from Sovereign Wealth Fund, IntelMarkets is on the verge of a breakout as the best altcoin of 2025. Join now!
Discover More About Intel Markets:
Presale: https://intelmarkets.io/
Buy Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
