Donald Trump's Solana-based meme coin, TRUMP, launched in January 2025, initially reaching a peak price of $73.43 and a market cap exceeding $8.7 billion. However, by the end of the year, the token's value had plummeted to below $5, marking a 93% decline. The project, marketed as a digital collectible, faced scrutiny over token concentration and ethical concerns. A report from the House Judiciary Committee raised alarms about potential foreign ties and political influence linked to the coin. Despite efforts to boost engagement through the "Trump Billionaires Club" gamification, TRUMP concluded 2025 with a valuation near $1 billion, ranking sixth among meme coins. This dramatic shift underscores the volatility and speculative nature of the digital asset market.
Trump's Meme Coin TRUMP Plummets 93% in 2025 After Initial Surge
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