Crypto trader just lost $3 million on Official TRUMP
Despite being seen as the pro-crypto candidate of the 2024 election, thus far, Donald Trump’s second presidency has had its fair share of controversies regarding the cryptocurrency market. Perhaps the most significant of these was the launch of Official TRUMP (Trump), the president’s very own meme coin. Released on January 17, just days before the inauguration, TRUMP quickly skyrocketed, reaching an all-time high (ATH) price of $44.28 per token on January 21, as well as a market capitalization of roughly $14.7 billion. The frenzy was short-lived. By the end of January, Official TRUMP was changing hands at a price of $24.05, and has been on a steady downward trajectory ever since. At press time on March 28, the president’s meme coin was trading at a price of $10.18. Picks for you Crypto market erases $100 billion in 24 hours ...