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TRUMP Meme Coin Drops 32% Amid Denials of Presidential Profits

TRUMP Meme Coin Drops 32% Amid Denials of Presidential Profits

Global Cryptocurrency
Release Time:
2025-05-05 11:51:02
0

The TRUMP meme coin has plunged 32% from its April peak of $16.44, now trading at $11.12 as sell-side pressure mounts. President Donald Trump denied allegations of personal gain from the token in a recent NBC News interview, adding volatility to its trajectory.

Technical indicators suggest further downside risk below the $10.00 support level. Meanwhile, the project continues engagement efforts—top 220 holders received exclusive dinner invitations at Trump National Club in Washington, D.C.

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