While the wider crypto market remains in turmoil, all Trump-linked coins have surged today without any apparent cause. MELANIA has jumped over 54%, while both TRUMP and World Liberty Financial’s WLFI have gained more than 20%.
The overall crypto market has recovered cautiously following key negotiations aimed at ending the ongoing US government shutdown. However, unlike other meme coins or speculative tokens, the previously stagnant Trump coins experienced a massive rally today that stands out in the market.
### Do Trump Insiders Know Something We Don’t?
Both TRUMP and MELANIA launched earlier this year during Donald Trump’s inauguration as US president. Unfortunately, both tokens later collapsed, losing nearly 100% of their peak value. Most notably, these meme coins have shown clear signs of insider trading and market manipulation.
Earlier on-chain data indicated that a single wallet controlled 89% of MELANIA’s supply. Meanwhile, another Trump family-linked DeFi project, World Liberty Financial, recently made its WLFI token tradable. Although the altcoin’s price had been gradually declining, it saw a sharp 25% rally today.
There is still no evident reason why Trump-affiliated tokens have skyrocketed. Neither the former US president nor any of his affiliated crypto ventures have made announcements today.
### Market Movements and Speculation
While World Liberty Financial has enhanced WLFI’s utility over the past month by introducing new ecosystem features, TRUMP and MELANIA have not had any meaningful developments recently.
Such an unpredictable pump across all Trump coins could suggest that insiders are heavily accumulating these tokens, possibly anticipating a market-moving event. However, leveraged traders are taking short positions, expecting prices to drop again after this temporary surge. Both TRUMP and MELANIA show strong accumulation trends over the past 24 hours.
### A Political Catalyst?
The only plausible catalyst for this sudden rally could be the anticipated reopening of the US government. As the country faces one of its longest shutdowns in history, Donald Trump recently struck an optimistic tone.
Now, with the government expected to reopen by Thursday, are Trump insiders anticipating a liquidity wave as treasury funds flow back into the market? The coming days will be crucial in revealing whether this rally signals deeper market shifts or is merely a short-lived phenomenon.
https://bitcoinethereumnews.com/crypto/melania-and-trump-coin-skyrocket-out-of-nowhere-but-why/
