Meme coins associated with famous personalities are experiencing a significant downturn. According to analysts, assets such as Mother Iggy (MOTHER), Daddy Tate (DADDY), Official Trump (TRUMP), Melania Meme (MELANIA), and the recently launched Stool Prisondente (JAILSTOOL) have lost an average of 78% from their peak values.
The MOTHER cryptocurrency, which launched in June 2024, peaked at $0.2306 but dropped to $0.0298 by July. Despite a rebound to $0.1312 in September, its current price stands at $0.0089 (-96% from ATH). Over the past 24 hours, the coin has gained 11% with a trading volume of $4.2 million, but the overall trend remains bearish.
DADDY has lost 88% from its peak of $0.2886 in June 2024 and is now trading at $0.0342. Short-lived rallies, including a spike to $0.16 in October, failed to halt the decline. Over the past month, the price has dropped by 37.5%, by 41% in two weeks, and by 18.6% over the last week.
Coins linked to the Trump family are also facing sharp declines. TRUMP surged to $73, surpassing PEPE and SHIB, but after MELANIA’s launch, it lost over 50%. Currently, TRUMP is down 77.5% from its ATH, while MELANIA has fallen 88.7% from its $13.05 peak. Over the past two weeks, their declines have been 44.7% and 42.1%, respectively.
The JAILSTOOL crypto project crashed shortly after its launch on February 9. The token initially reached $0.2179 but plummeted 83.3% to $0.025 the very next day. Despite active promotion on X, the token remains highly volatile, losing another 60% in the last 24 hours.
