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The official presidency of Trump, designed to celebrate the chairmanship of US President Donald Trump II, was an immediate success at all. The distinctive symbol increased from less than 10 dollars on January 18 to the highest level at 74.59 dollars on January 20, before achieving some gains quickly within hours.
Although the distinctive symbol remained competitive days after the opening of the president, by trading over $ 30, it quickly faded under pressure. Trump Less than $ 20 decreased on February 2, and is now traded at $ 10.
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Observers say the broader encryption market and Trump’s symbol are disrupted. However, Trump’s crash is not without controversy – 10x research has revealed that there is “a toys” before the massive currency decreased. While most of the merchants lost billions of dollars during their crash, a large number of the first investors got huge profits.
The first investors spent them before inserting the main stock exchanges
according to 10x searchMost of the first investors were disbursed before the main stock exchanges included the currency, with a value of $ 60 and $ 70 for a short period. Everyone welcomed the rapid bounce of the coin in the price, as the first investors got the best seats at home. After his rapid rise, Trump suffered from a huge decrease. From $ 20 low, it is now traded at $ 10, leaving retailers and young people trading with losses.
the $ Trump Empty: When the noise fades, he strikes reality
👇1-4) A clear example is $ Trump The coin, where the informed and those who have early access to Washington’s encryption ball can buy before the audience, while the stock exchanges rushed to include the distinctive symbol as it rose to $ 60. Soon after … pic.twitter.com/Pvzlcvbl0m
– 10x Search (@10x_research) March 11, 2025
The losses related to the decrease in the Trump price reminiscent of the previous declining courses, including a breakthrough and an extension of 2021 Nfts. With the Trump code, the value decreased dramatically during the week. Looking at the largest image, Trump Taken threw more than 80 % since its peak last January. The data on the series indicate that the first investors quickly liquidated their positions, with retail and young as shys.
Solana series takes a blow
Solana Ecosystem is one of the biggest losers in the distinctive symbol crash. Aside from Trump, some other Solana -based symbols faced pressure to sell, including Raydium’s Ray Token, which decreased by 60 % last month.
Even the original symbol of Solana, Seoul, It decreased by more than 40 % During the same period. The low value of SOL codes indicates that interest in coins or speculative symbols diminishes.
Pump.fun also sees a major shift
Pump.fun, another platform of Meme, also witnessed dramatic Decrease in the network activity. Over the past year, this platform has treated 8.4 million MM, and reached its climax days before Trump’s inauguration.
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From the Christmas season to early January, up to 1.7 million Mimi icons were launched at Pump.fun. However, daily launch operations decreased on Pump.fun. Also, the participation rates have decreased on this platform, which reflects the low interest in this asset category.
Photo feature from newsweek, tradingView graph
