""Donald Trump just destroyed the entire financial markets, stocks, crypto and even his shitcoin," one user jeered, highlighting the comical trajectory of the $TRUMP coin's decline as tariffs were announced."
"Despite the launch of 40 million tokens intended to boost buzz, the recent tariff-induced price slump left the Trump coin at a dismal $9 per token."
The value of Donald Trump's meme coin, $TRUMP, has plummeted to an all-time low of $9 per token, just after he announced reciprocal trade tariffs on domestic imports. Launched only 10 weeks ago, this crypto asset has seen its value drop from a high of nearly $75. Initially, the unlocking of 40 million tokens was expected to stimulate interest, but the tariff announcement overshadowed this, with a CoinGecko poll showing 77% of participants feeling negatively about the coin. This situation reflects broader economic concerns stemming from Trump's trade policies.
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