The Melania Meme (MELANIA) token has plummeted 97.57% from its January 2025 peak of $8.4856, now trading at $0.2062 as of August 7, 2025. The token's market cap has shrunk from $1.631 billion to $173.69 million, erasing over $1.45 billion in value. This sharp decline is linked to a $35.7 million token sale by Melania's team in June 2025 and looming legislative measures like the MEME Act and COIN Act, which could limit political figures' involvement in crypto projects. On-chain data indicates systemic risks, with the top 10 holders controlling 89.77% of the supply. Despite this downturn, the Trump-branded crypto ecosystem shows resilience, with the Official Trump (TRUMP) token maintaining a market cap of $1.74 billion.