TRUMP Memecoin Plummets 93.4%: Political Crypto Volatility Exposed
The TRUMP memecoin, launched amid the January 2025 inauguration hype, has collapsed 93.4% to $4.84 from its all-time high. After trading at $73.43 during the peak political fervor surrounding Donald Trump's presidency, the token now serves as a stark cautionary tale about speculative crypto assets tied to public figures.
Melania Trump's parallel memecoin fared even worse—briefly soaring to $13.05 before crashing 99% to under $0.15. Both tokens exemplify the pump-and-dump cycles endemic to celebrity-linked cryptocurrencies, which derive value from viral momentum rather than fundamental utility or technology.
Despite the severe downturn, TRUMP remains the sixth-largest memecoin by market capitalization, a sobering testament to the sector's high tolerance for volatility. This episode underscores the amplified risks of politically themed tokens, where investor enthusiasm can evaporate as rapidly as it appears.
