Meme Coin $TRUMP Lost 75% of Its Maximum Value.
Meme Coin $TRUMP Lost 75% of Its Value
Meme Coin $TRUMP, which was promoted by Donald Trump on social media, lost 75% of its value. According to CoinDesk, as of February 3, 2025, this meme coin was worth $17.74 with a market capitalization of $3.56 billion. This is significantly lower by 75% from its peak value of $73.43, which it reached on January 19. This drop occurred before Trump's inauguration and a day after the start of his private initiative.
It is important to note that the active promotion of $TRUMP on Truth Social, where Trump himself posted messages of support and links to its purchase, has no impact on the preservation of this cryptocurrency's value.
Meme Coin $TRUMP Lost 60% of Its Value After Trump's Inauguration
After Donald Trump's inauguration, the meme coin lost 60% of its value. Even enthusiastic supporters of the president were surprised by his decision to promote this cryptocurrency. Some lobbyists in Washington even consider the launch of the meme coin a misstep for the cryptocurrency industry, which is trying to shed its image of fraudsters and fraudulent schemes.
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