Trump Memecoins Collapse: Insiders Profit Millions as Retail Investors Face Massive Losses

GateNewsBot

2026-02-20 13:30:03

Gate News bot message, the official $TRUMP and $MELANIA tokens have collapsed 92% and 99% from their all-time highs respectively. Retail investors suffered staggering losses while insiders cashed out millions. The tokens’ dramatic price decline has resulted in billions in losses for ordinary investors who purchased these memecoin projects.

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POWER (Power Protocol) increased by 21.32% in the past 24 hours

Daily Crypto News Price Volatility

Gate News Bot Message, February 24th, according to CoinMarketCap data, as of press time, POWER (Power Protocol) is currently trading at $0.55, up 21.32% in the past 24 hours, reaching a high of $0.56 and a low of $0.30. The 24-hour trading volume is $42.1 million. The current market capitalization is approximately $115 million, an increase of $20.2 million compared to yesterday. Recent important news about POWER: 1️⃣ **Revaluation of Energy Infrastructure Value Drives Industry Attention** As global demand for AI computing power surges, the strategic importance of energy and power infrastructure in the digital economy continues to rise. The increasing electricity demand from data centers, mining farms, and other high-energy-consuming facilities has become a market focus, prompting investors to re-evaluate energy-related protocol tokens, which benefits POWER.

GateNewsBot10m ago

Bitcoin drops over 19% in February, marking the worst monthly performance since June 2022

bitcoin news Daily Crypto News Price Volatility

Odaily Planet Daily reports that Bitcoin declined over 19% in February, marking the worst monthly performance since June 2022, due to concerns related to global tariffs. (Cointelegraph)

GateNewsBot16m ago

Traditional Finance Alert: AUDJPY has risen by over 1%

Price Volatility

Gate News bot message: According to the latest Gate TradFi data, AUDJPY has risen 1% in the short term, with current volatility significantly higher than recent average levels, indicating increased market activity.

GateNewsBot30m ago

XRP Holds $1.32 Support as Weekly Volatility Expands

XRP news Market Analysis Price Volatility

XRP is experiencing increased volatility as it trades near $1.32, with the 20-week moving average acting as resistance and lower Bollinger Band suggesting a potential decline to $1.274. The prevailing downward trend poses risks, with support levels being tested.

CryptoFrontNews34m ago

Why Bitcoin And Crypto Prices Won’t Stop Crashing

bitcoin news Market Analysis Price Volatility

The prices of different cryptos have been going down again, and despite hopes that the rebounds would lead into sustainable growth, various cryptos continue struggling following BTC downward trajectory. Every time Bitcoin tries to stabilize, another wave of selling pressure seems to hit the

CaptainAltcoin44m ago

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