Trump memecoin $TRUMP plunges below a dollar: less than 2% of its all-time high remains
U.S. President Donald Trump’s memecoin Official Trump ($TRUMP ) has fallen below the psychological $1 threshold for the first time, setting a new all-time low. On November 15, the token is trading near $0.93, down about 14% in 24 hours.
The drop is especially striking against the backdrop of the initial frenzy. In January 2025, shortly after its launch, #TRUMP reached a record high of $75.35. Since then, its value has plunged by almost 98.8%. The $1,000 invested at its peak would be worth about $12 today.
Over the past week, the token has fallen by about 20%, and by nearly 50% over the past month. Its market capitalization has shrunk to $263 million, while daily trading volume exceeds $370 million.
Tokenomics remain an additional risk. Only about 28% of the maximum supply of one billion TRUMP tokens is in circulation. Further token unlocks could potentially intensify selling pressure.
Meanwhile, cryptocurrency ventures linked to the Trump family remain profitable for their owners. According to a Reuters investigation, the family’s main crypto projects have generated at least $2.3 billion for them, while investors have suffered comparable losses.
U.S. President Donald Trump’s memecoin Official Trump ($TRUMP ) has fallen below the psychological $1 threshold for the first time, setting a new all-time low. On November 15, the token is trading near $0.93, down about 14% in 24 hours.
The drop is especially striking against the backdrop of the initial frenzy. In January 2025, shortly after its launch, #TRUMP reached a record high of $75.35. Since then, its value has plunged by almost 98.8%. The $1,000 invested at its peak would be worth about $12 today.
Over the past week, the token has fallen by about 20%, and by nearly 50% over the past month. Its market capitalization has shrunk to $263 million, while daily trading volume exceeds $370 million.
Tokenomics remain an additional risk. Only about 28% of the maximum supply of one billion TRUMP tokens is in circulation. Further token unlocks could potentially intensify selling pressure.
Meanwhile, cryptocurrency ventures linked to the Trump family remain profitable for their owners. According to a Reuters investigation, the family’s main crypto projects have generated at least $2.3 billion for them, while investors have suffered comparable losses.