Trump Coin: The Rise and the Fall
Trump Coin, initially launched as a memecoin to rally crypto users around former President Donald Trump, experienced an explosive surge from mere cents to an all-time high of $73. However, the hype was short-lived, and the token has since plummeted to around $11, raising concerns among investors.
Trump/USD chart showing the quick rise and fall – coinmarketcap
Melania Coin and Other Trump-Themed Cryptos Also Decline
In an attempt to sustain momentum, the Trump administration introduced additional memecoins, including Melania Coin. It followed a similar pattern—jumping from a few cents to a peak of $14—only to crash down to its current price of just $0.74. This trend indicates that Trump-themed tokens may struggle to maintain long-term value.
Melania/USD chart showing the quick rise and fall – coinmarketcap
Trump Coin Price Prediction: Will Trump Coin Crash to 0$?
Currently, the trend for Trump Coin remains bearish, with no indications of an imminent recovery. The only potential catalyst for a price surge would be a viral meme moment featuring Trump, the President of the United States, or another celebrity promoting the coin. Without strong community backing and active engagement, the token is likely to continue its downward trajectory.
Does Donald Trump like his Trump Coin?
Memecoins rely heavily on active support from their creators and communities. However, Trump himself appears to have treated the project as a one-time stunt. His recent comments suggest that he has no plans to revive or promote the coin, leaving its future uncertain. Without sustained interest or significant endorsements, Trump Coin could remain in decline.
