- Celebrity meme coins are crashing hard, with tokens like MOTHER, DADDY, TRUMP, MELANIA, and JAILSTOOL dropping over 78% from their all-time highs (ATHs) despite initial hype-driven rallies.
- MOTHER (Iggy Azalea) and DADDY (Andrew Tate) have suffered massive declines, with MOTHER down 96% and DADDY plummeting 88%—while Trump-affiliated meme coins have also lost over 75% of their valuein just weeks.
- JAILSTOOL (Dave Portnoy’s token) saw the fastest collapse, crashing 83.3% in just one day, proving that while celebrity-backed tokens may pump quickly, they tend to dump just as fast.
The glitter of celebrity-backed meme coins? Yeah, it’s wearing off—fast. Once riding high on hype, these tokens have now taken a brutal nosedive, with most dropping over 78% from their all-time highs (ATHs).
According to data from Messari, meme coins like Mother Iggy (MOTHER), Daddy Tate (DADDY), Official Trump (TRUMP), Melania Meme (MELANIA), and Stool Prisondente (JAILSTOOL) have all seen their prices crumble after initial explosive rallies.
MOTHER & DADDY Lead the Bloodbath
MOTHER, the token linked to pop icon Iggy Azalea, skyrocketed to $0.2306 shortly after its launch in June 2024—only to collapse 96%, now hovering around $0.0089. It saw a brief comeback in September, surging to $0.1312, but that momentum fizzled out fast.
Still, some recent trading volume of $4.2 million has pushed MOTHER up by 11% in the last 24 hours, now priced at $0.009067—but it’s far from its former highs.
Then there’s DADDY, the token associated with controversial personality Andrew Tate. This one peaked at $0.2886, but today? A measly $0.0342—a staggering 88% decline. Early buyers once sat on $45 million in unrealized profits, but anyone who held too long is now deep in the red.
Since October, DADDY has struggled to reclaim even $0.16, and recent trends aren’t looking good. Down 37.5% in a month, 41% in two weeks, and 18.6% in just seven days, it’s severely underperforming the broader crypto market, which is actually up 1.4% over the same period.
TRUMP & MELANIA Take Heavy Hits
It’s not just Iggy and Tate’s tokens feeling the heat. Meme coins associated with Donald Trump’s family—TRUMP and MELANIA—are also tanking.
TRUMP soared to $73 just before Trump’s inauguration as the 47th U.S. President, even surpassing meme coin giants like Pepe (PEPE) and Shiba Inu (SHIB). But once MELANIA launched, it stole the spotlight—and TRUMP lost over half its value overnight.
Now? TRUMP is down 77.5% from its peak, and MELANIA has cratered 88.7% from its ATH of $13.05. In just two weeks:
- TRUMP dropped 44.7%
- MELANIA sank 42.1%
JAILSTOOL’s Record-Breaking Collapse
Stool Prisondente (JAILSTOOL), the Dave Portnoy-backed meme coin, takes the prize for the steepest short-term collapse. It hit a high of $0.2179 on February 9—and crashed 83.3% to $0.025 in just a day.
Even with Portnoy hyping it up on X (formerly Twitter), the token plummeted another 60% yesterday.
Final Thoughts: The Meme Coin Gamble
This celebrity-driven meme coin hype train? It’s derailed. Sure, these tokens explode in price when first launched, but their free-fall crashes show the real risk of investing in them. Pop culture appeal can pump a price, but without real utility, the dumps come just as fast.
For now, these coins remain a high-risk, high-reward playground—but if history tells us anything, those late to the party might be holding the bags when the music stops.
