Many leading meme coins have seen price drops recently, but not for those linked to Donald Trump and Melania Trump.

Although their total market value is under $1.5 billion, many analysts speculate that the upward trend might be just beginning.

TRUMP and MELANIA Stand Out

Official Trump (TRUMP) and Melania Meme (MELANIA) are among today’s top-performing cryptocurrencies as of October 28. The price of TRUMP reached a 20-day high at $8 before settling at $6.96, marking a 10% increase.

TRUMP Price, Source: CoinGecko

MELANIA showed even stronger gains, hitting almost $0.15 before settling down at $0.12 after a 25% surge for the day.

MELANIA Price, Source: CoinGecko

While the exact cause of this surge isn’t fully understood, some speculate that the upcoming US-China trade discussions could be influential. Trump and Chinese President Xi Jinping are expected to meet this week to discuss a deal that may eliminate hefty tariffs, enhancing ties between the two nations.

The crypto community anticipates that a successful outcome could benefit the entire digital asset market, including meme coins.

More Growth Ahead?

TRUMP and MELANIA were launched in January when Trump assumed the presidency. Their market capitalizations initially soared to nearly $10 billion, but now TRUMP’s cap is about $1.3 billion and MELANIA’s is below $100 million.

Despite this decline, some analysts believe the coin values could rise again soon. Users on social media, like Captain Faibik and MrsBeast DeFi, have suggested significant growth for both TRUMP and MELANIA.

Read more about the upcoming US-China trade talks here.

Tags: Bitcoin (BTC) Price, United States