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Trump token "TRUMP" fell more than 70% from a high point

On February 3, the decline in the entire cryptocurrency market has sent the Trump-issued token "TRUMP" further down in the past 24 hours, falling by a staggering 75% from its peak. Trump issued the token a few days before his swearing-in ceremony on January 20, making it the first "meme coin" to be officially endorsed by a sitting US president. An analysis by CoinDesk showed that the token's market capitalization soared from zero to a peak of $14 billion in less than 48 hours after it went live,...

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2025-02-03 09:28:20
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