Trump Coin Price Plunges After 90% Rally
The Official TRUMP coin has seen a significant downturn after surging nearly 90% in just five days. The price peaked at $3.60 but has since pulled back to around $2.20-$2.30, with approximately 98% of holders facing unrealized losses totaling about $3.81 billion.
Large token transfers to exchanges have raised concerns that increased selling pressure could further weigh on the coin's price. The ability of TRUMP to hold support near $2 will be crucial in determining whether it can recover from its recent decline, as profit-taking and volatile price swings continue to challenge its recovery.