In the past 24 hours, the TRUMP ($17.82) token, named after former US President Donald Trump, experienced one of its steepest declines due to a general market downturn. The token has lost approximately 75% of its value since reaching its peak, leading to a significant collapse that has left investors astounded. Despite having a market value of $14 billion within just 48 hours of its launch, the rapid decline has raised concerns among participants, especially given the backdrop of global economic uncertainties and tensions in trade policies.
Historic Drop in TRUMP Token
Since its launch, the TRUMP token has shown a volatile trajectory. After quickly hitting a market value of $14 billion, the token disappointed investors within just two days. Economic fluctuations and Trump’s trade measures announced against Canada and Mexico triggered widespread panic within the cryptocurrency market, affecting other popular cryptocurrencies like Bitcoin
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