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Solana News: Trump’s Meme Coin TRUMP Plummets 85% From Peak Amid Broader Market Decline

Solana News: Trump’s Meme Coin TRUMP Plummets 85% From Peak Amid Broader Market Decline

Author:
SOL News
Published:
2025-03-11 06:31:47
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President Trump’s Solana Meme Coin Down 85% From Peak

President Donald Trump’s official Solana meme coin TRUMP is trading at $10.50, down more than 85% from its all-time high price of $73.43 set in January. The token’s slide coincides with larger drawdowns for leading indices in traditional financial markets and the top crypto assets like Bitcoin (BTC) and Ethereum (ETH), which are each down more than 8% over the last week. TRUMP itself is down about 4% on the day and 19% over the last week. The selloffs come as President Trump declined to rule out a recession, suggesting more macroeconomic uncertainty and volatility. Inflation fears slammed financial markets nearly across the board on Monday.

Sol Strategies nearly doubles Solana stake with Laine acquisition

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Fortnite-Inspired Solana Dill Bits Coin Skyrockets on Game’s ’Rug Pull’ Storyline

Fortnite, the popular battle royale game, pushed its crypto-themed storyline forward this season. The latest narrative twist helped an unofficial Solana token, Dill Bits (DB), briefly skyrocket in value. DB spiked from a market cap of about $107,000 to a peak of $4.75 million on Saturday, marking a more than 4,300% increase. However, the coin quickly plunged in value as whale traders cashed in on the surge.

Bubblemaps Project Overview & BMT Market Analysis

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