TRUMP Meme Coin Pulls Back After 90% Surge
The TRUMP memecoin has pulled back after experiencing a significant surge of nearly 90% in just over a week, following the landmark crypto summit at the White House.
Since the summit, Donald Trump's official meme coin rose from around $1.37 to $3.60, but even at those levels, most buyers remained below their entry price, highlighting the damage inflicted on its holder base by earlier declines.
Estimates suggest that about 98% of TRUMP buyers are still underwater, with nearly one million wallets carrying aggregate unrealized losses of roughly $3.81 billion, leaving a large group of potential sellers waiting for opportunities to reduce exposure.