There have been some obvious winners of Donald Trump's surprise Solana meme coin launch late Friday: Trump himself, of course, and early investors in the skyrocketing coin. Solana’s own price also surged to an all-time record over the weekend.
Dogecoin is the most popular and original meme coin, with a market capitalization of $1.2 billion.
DOGE has fallen by more than 15% since TRUMP was launched on Friday, dipping from a price of $0.4318—the highest price seen for Dogecoin in more than a month—to a current mark of $0.3652.
It's down by nearly 7% on the day, but remains up 12% on the week due to earlier gains over the past seven days.
Fartcoin, Floki, Pepe, WIF, and Dogwifhat all fell on Monday.
According to CoinGecko, crypto markets are down roughly 3% in the last 24 hours. Bitcoin is roughly even on the day at a price of $104,510 after popping to a new all-time high mark of $108,786 earlier Monday, while the Ripple-linked XRP is ticking up amid Inauguration Day proceedings at a current price of $3.28—rising over 3% today.
TRUMP itself has fallen by 22% on the day at a current price of about $49, still down since Sunday's surprise launch of an official Melania Trump token tied to Donald's wife.