๐ฅCoin Struggles to Recover One Year After Its Peak
Trumpโs cryptocurrency has failed to regain momentum a year after reaching its all-time high.
๐ Over the past year, the value of the $TRUMP coin has dropped 93.4%, driven by fading hype around the memecoin. Investors who bought near the peak have suffered heavy losses following the sharp price collapse.
๐ฐ Despite this, the Trump family reportedly earned over $1 billion in pre-tax profits from cryptocurrency-related activities.
๐ The $TRUMP coin was launched on January 18, 2025. One year later, it is trading around $48.4, down 93.4% from its highest level.
๐ Before Trumpโs inauguration in January 2025, the memecoin surged dramatically from $1.20 to $73.43, according to CoinGecko. However, after reaching its peak during the inauguration period, the token experienced a steep decline.
๐ As interest in the controversial digital currency continues to fade, criticism around Trumpโs crypto venture has increased, especially from investors affected by the massive drawdown.
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