Trump Coin Falling Out Of Top 100 Projects: Is The Coin Dead?
Trump Coin (Official Trump/TRUMP) has seen a massive price correction over the last few months. According to CoinGecko’s TRUMP data, the project’s market cap has fallen to the 100th rank. TRUMP currently has a market cap of $1.2 billion. CoinGecko shows that the asset’s price has rallied 1.5% in the last 24 hours, but is down 16.6% in the weekly charts, 15.8% in the 14-day charts, and 26.9% over the previous month. Source: CoinGecko Is Trump Coin Done For? Source: AP TRUMP saw a massive price rally within hours of its launch on Jan. 17 of this year. The coin hit an all-time high of $73.43 on Jan. 19, the same day as President Trump’s inauguration. However, the coin’s price has fallen by more than 91% since its January peak. Official Trump (TRUMP) does not have any utility. Its price moves in tandem with President Trump’s popularity. Since his tariff spree, President Trump has seen a dramatic rise in opposition. Many have questioned the President...