The Official Trump ( TRUMP ) meme coin, according to CoinGecko, is the worst-performing token in the top 100 cryptocurrencies by market cap this week and has attained its lowest price since just hours after the coin first became available.
No big gold has been hit as severely as this one over the past week as the ebbs and flows in the U.S. President’s industry war have caused major jumps across the crypto market.
President Trump made the announcement on Friday that he would start imposing tariffs of up to 25 % on Canada and Mexico, as well as a 10 % trade tariff on China, which caused the weekend’s markets to drop. TRUMP was no different, according to CoinGecko, falling from$ 26.07 on Friday morning to$ 20.54 by the end of Sunday.
After a rough night that saw TRUMP drop an extra 14.8 % to$ 17.49, the market recovered when it learned that Mexico’s tariffs would be put on hold while the two nations tried to reach an agreement. In reaction, the Solana image gold rallied to$ 19.86 in the days later.
Immediately, the proposed tax on Canada was likewise paused, but this didn’t stop TRUMP from falling in value. As Tuesday dawned, news broke that China was set to establish its own collection of taxes on U. S. products in retaliation. The Republican token’s price dropped from its past gain of$ 16.52, which is its lowest registered price since January 18, just after the meme coin dropped.
TRUMP launched weeks before the 47th President was set to become inaugurated, rapidly touching its all-time large of$ 73.43 on January 19—before starting a long fall following the release of Melania Trump’s own image gold, MELANIA.  ,
Now, TRUMP is down 75 % from its all-time high price, crashing 36 % in the past 7 days to a current price of$ 17.92. At its peak, TRUMP was the second-largest meme coin by market cap behind Dogecoin ( DOGE ), but has since fallen behind Shiba Inu ( SHIB ) and Pepe ( PEPE ) to fourth place.  ,
With this, the token’s buying level has decreased. According to CoinGecko, TRUMP has seen$ 2.46 billion worth of trading volume over the past 24 hours, which is a 93 % drop from the$ 36 billion worth of volume seen on Trump’s inauguration day.
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