The Official Trump (TRUMP) meme coin is currently the worst-performing token in the top 100 cryptocurrencies by market cap, experiencing a 37% decline this week. This drop comes amid significant market fluctuations triggered by U.S. trade policies announced by President Trump on February 4, 2025.
- TRUMP meme coin is worst-performing token this week.
- 37% weekly plunge linked to trade war.
- Price dropped from $26.07 to $20.54.
- TRUMP down 75% from all-time high.
- Trading volume decreased by 93%.
- Now fourth largest meme coin by market cap.
The TRUMP token launched just before the inauguration of the 47th President and quickly reached an all-time high of $73.43 on January 19. However, it has since faced a significant decline, exacerbated by the recent announcement of tariffs on Canada, Mexico, and China. The coin’s value fell from $26.07 on February 4 to $20.54 by the end of the weekend, reflecting a broader trend of volatility in the cryptocurrency market.
Key statistics regarding the TRUMP meme coin include:
- Current price: $17.92
- All-time high: $73.43
- Weekly decline: 37%
- Trading volume: $2.46 billion, down 93% from inauguration day
Despite attempts to stabilize the market with negotiations over the tariffs, the TRUMP token continues to struggle. Following the announcement of a pause on tariffs with Mexico, the token initially rallied to $19.86 but soon fell again due to retaliatory tariffs from China. This fluctuation has led to a drastic reduction in trading volume, with the token now ranking fourth among meme coins, behind Dogecoin, Shiba Inu, and Pepe.
The TRUMP meme coin’s significant decline highlights the vulnerability of cryptocurrencies to external economic factors. As the market adjusts to the ongoing trade tensions, the future of the TRUMP token remains uncertain, with investors closely monitoring developments.
