TRUMP Price Plummets Amidst LAPTOP Launch and Bearish Sentiment
OFFICIAL TRUMP's price plummeted by 7.07% in just three hours, amidst the launch of Hunter Biden's LAPTOP token and a surge in negative sentiment against political meme coins.
The LAPTOP token's design directly references OFFICIAL TRUMP, with 20% of its supply earmarked for wallets that lost money on TRUMP, and conditional burns linked to TRUMP-related events. This narrative has sparked comparisons between the two tokens, with mainstream coverage highlighting the massive losses suffered by TRUMP holders - nearly $3.8 billion in unrealized losses.
The launch of LAPTOP has amplified a bearish narrative around OFFICIAL TRUMP, with social media commentary treating political meme coins as structurally predatory rather than speculative fun. One widely shared post notes that a $100 investment in TRUMP near its peak would now be worth just $2.34, while Trump himself reportedly earned over $1 billion from crypto ventures in 2025.
TRUMP's price drop is deeper than the broader market's, with a 10.8% decline over the past 24 hours compared to a 1.2% decline in total crypto market cap and a 1.9% decline in altcoin market cap excluding BTC and ETH.