In the previous crypto bull market cycle, both Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) were standout performers. They skyrocketed in price in a remarkably short period of time and helped to popularize the idea of investing in meme coins.

When it comes to the most recent performance of these two cryptocurrencies, Donald Trump's official meme coin stands at USD 18.99, marking a 30.45 per cent decline in the past 7 trading days. However, in the most recent trading session, the crypto gained close to 1.61 per cent in value.

Trump’s meme coin, $TRUMP, and Melania Trump’s coin, $MELANIA, plunged as the news agitated markets worldwide, according to Axios. $TRUMP — unveiled days before his inauguration — saw its value drop by 18% just over the last day. It's now down to $17.50 per token, compared to a peak of $72.62 the day before his swearing-in.

Meme coins are cryptocurrencies inspired by internet trends or jokes. They have no intrinsic value. They’re worth what someone else is willing to pay — and in some cases, that can be a lot. This year,

If you’ve been waiting for the next big meme coin boom, now’s the time to pay attention. The crypto market is buzzing again, and meme coins are back in the spotlight. While some people still think of them as internet jokes,

But meme coins are suddenly more serious. Spurred on by Donald Trump's new embrace of cryptocurrency, meme coins are attracting more fans and fresh scrutiny. Days before he took office for a second term,