$TRUMP 🪙 What Is Trump Coin?MP is a meme cryptocurrency launched on January 17, 2025 on the Solana blockchain. �

Wikipedia

It was marketed using Trump’s public popularity and quickly gained huge attention in the crypto market. �

Forbes

Unlike major cryptocurrencies like Bitcoin, it doesn’t have a strong technical purpose — its value comes mainly from hype and community interest. �

Forbes

📈 How Its Price Changed

Here’s a simple view of how the price and interest have moved:

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Price

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Launch Early surge Later drop

Key points:

Launch surge: The coin exploded in value soon after release, with its market worth briefly reaching billions. �

The Economic Times

Peak price: Reports show values over $70+ shortly after launch. �

Coinbase

Later decline: Over time, $TRUMP’s price fell by around 90% or more from its highs as interest and hype faded. �

Financial Times

📊 Why the Price Dropped

Here are the main reasons the coin lost much of its value:

1. High Token Supply Release

A lot of tokens were held by insiders and gradually released into the market, which increased supply and pushed prices downward. �

Datawallet

2. Lack of Real Utility

$TRUMP doesn’t power a network or offer a clear service, so it relies on people buying it simply because of hype. That makes it unstable. �

WEEX

3. Speculative Nature

Like most meme coins, prices go up or down mainly because of traders’ excitement — not because the coin has real use or earnings. �

Forbes

📌 Simple Takeaways

✔ Very volatile: The price moved wildly — big up, then big down. �

⚠ Risky investment: Price depends mainly on hype, not real technology or earnings. �

📉 Experienced major decline from its early highs. �#TrumpEndsShutdown #USIranStandoff #KevinWarshNominationBullOrBear #TrumpProCrypto #GoldSilverRebound