As trading volumes of the key drop to new lows, President Donald Trump’s standard Solana meme coin, TRUMP, has reached a cost not seen since just hours after its release. &nbsp,

Late on Sunday, the President’s image coin dropped to$ 14.86, marking CoinGecko’s lowest price since early January 18, just hours after Trump unveiled the gift a few hours before his inauguration.

In the last 24 hours, TRUMP has lost 2.6 %, whereas other significant crypto assets, such as Bitcoin and Dogecoin, have maintained a similar level of stability, increasing by 0.6 % and 0.1 %, respectively.

At a current price of$ 16.16, TRUMP’s slide marks a further decline of 40 % in the last 14 days according to CoinGecko. It’s now down 78 % from an all-time high price above$ 73 set on January 19.

Despite at least one new effort by the President to encourage the key, which ended on January 31 in a post on Truth Social, the token’s reduction has brought it to# 44 total by market cap among all crypto assets. &nbsp,

” I LOVE$ TRUMP”, he posted, sharing a link to the official Get Trump Memes website alongside it. No immediate pleasure was provided, with the key falling instead in the hours following the post.

Not only is the token down, but trading volume has fallen precipitously, recording an all-time low on Sunday when it saw less than$ 1 billion in volume according to data from CoinGecko. &nbsp,

By comparison, the token traded more than$ 20 billion on average in the first five days after launch. The receding Solana image coin’s lowest daily count to day was Sunday.

The decline of the token, along with that of another significant crypto assets, may be attributable in part to President Trump’s continued announcements regarding tariffs. Ethereum and Bitcoin both experienced weekly declines of roughly 2 %, while XRP dropped by about 5 %. Early this month, the price of the majority of the key assets dropped as a result of the first-ever price plans.

However, Trump-connected institutions continue to make techniques in crypto. Last year, Trump’s media company announced plans to launch a Bitcoin ETF under the Truth. Fi symbol. However, World Liberty Financial—which Trump and his brothers are advising—has added resources to its government while reassuring the society it is” not selling” property.

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