U.S. President Donald Trump has once again turned his attention to trade tariffs. Earlier, Trump placed tariffs on Mexico and Canada on hold, but according to recent announcements, trade will resume next week. This news has severely impacted the financial market, including crypto. Notably, many other factors fueling the crypto downtrend may continue to bring more volatility, especially for meme-themed cryptocurrencies. As a result, it is essential to consider these five memecoins to sell. Why? Let’s discuss. Top 5 Memecoins to Sell Now The first time Donald Trump introduced tariffs on Mexico and Canada, investors’ sentiment was affected, resulting in a crash-like condition for most financial markets. Again, with the reinstatement news , the crypto market and others faced turbulence. Interestingly, meme coins have become the biggest victims of the turbulence, as they were already struggling. Considering their price performance, investor sentiments, utility, and other factors, the top five memecoins to sell are DOGE, TRUMP, MELANIA, BROCCOLI, and LIBRA. 1. Dogecoin (DOGE) – Further Price Crash Looming Dogecoin is the biggest meme-themed cryptocurrency but is not immune to market turbulence. Earlier in the day, the DOGE price tumbled to a multi-month low of $0.21 after a 9% drop over 24 hours and 40% over a month. Given its struggling performance and experts’ fear of an imminent crash to $0.10, investors can consider this among the memecoins to sell now. 2. Official Trump (TRUMP) – Whale Dumping and Uncertain Future Donald Trump’s official Trump has been the talk of the crypto community since its launch. Earlier, it was regarding its bullish performance, but now it’s about constant falls and declines, as it has moved 82% from its prime. The struggles of this Trump-themed token are rising as large-scale investors begin offloading their holdings at an alarming rate. On-chain analytics data reveals investors have dumped over $9.47M worth of TRUMP meme coins. Various other factors point to the potential turbulent performance in the future, curating the need to sell this along with other memecoins. 3. Official Melania Meme (MELANIA) – Another Whale-Driven Decline TRUMP and MELANIA coins face whale selloff, impacting their price. Like Trump, MELANIA investors have recently sold 13.98M tokens. Its already struggling performance and analysts’ concerns over higher volatility make it a risky asset. Additionally, there is some controversy surrounding it, as the LIBRA contributor, Davis Hayden, allegedly claimed that the MELANIA team was involved in insider trading during its launch. 4. LIBRA (LIBRA) – Massive Scam and Market Collapse The LIBRA meme coin scam is on most investors’ minds due to the severe intensity of the matter. From the LIBRA team withdrawing from the liquidity pool to insiders taking over all the profits, the crypto community has been left stunned. With rising controversy, uncertainty around its future, and lack of utility, LIBRA is among the meme coins that can be sold before investors face further losses. 5. Broccoli (BROCCOLI) – Declining Performance and Controversy The Broccoli meme coin references the former Binance CEO Changpeng Zhao’s pet Broccoli. It was launched with a 20K broccoli-inspired token within a day and gained significant attention initially. However, once the hype settled, the token’s troubles began to grow, and it crashed nearly 50%. As the token has no direct connection with CZ, the hype is momentarily and may bring further downside risk. More importantly, today’s crypto market crash has already introduced high volatility, so investors must consider risky crypto to sell, including Broccoli. Disclaimer: The blog listed some cryptocurrencies to sell (meme-themed ones). The selection of the cryptocurrencies here is based on the current market scenario, which may or may not stay relevant under all conditions. Investors should research further and make their decisions smartly. Key Things to Remember From This Post Macroeconomic events like Donald Trump’s tariff plan reinstatement and others have a major impact on the crypto market. Due to the investors’ sentiments being affected by such news, digital assets might witness high volatility. Even at present, the crypto market is turbulent, creating the need for DOGE, TRUMP, MELANIA, LIBRA, BROCCOLI, and a few other memecoins to sell due to their performance and relevant reasons. At the same time, the market dip brings the opportunity to buy at a low, so investors should consider highly potential meme coins to buy after proper research. The post Top 5 Memecoins to Sell Now As Donald Trump Reinstates Tariff on Mexico and Canada appeared first on CoinGape .
