Why memecoins are down today? How Trump’s gala dinner played a part

Memecoins lost 7.5% in market cap as Bitcoin fell 4.5%, dragging sentiment down sharply. - DOJ probe into Trump’s crypto dinner triggered market-wide panic and $598M in total liquidations. Bitcoin’s [BTC] 4.5% drop earlier today didn’t just drag the broader market—it wrecked memecoins. The meme…