Trump Coin Plunges 11%, Wiping Out a Week of Gains
Official Trump coin saw a sharp pullback on Tuesday after a week of steady gains. TRUMP Coin's Steep Decline TRUMP coin fell more than 11% over the past…
Official Trump coin saw a sharp pullback on Tuesday after a week of steady gains.
TRUMP Coin's Steep Decline
TRUMP coin fell more than 11% over the past 24 hours, cooling a strong rally that had surged nearly 60% over the previous week.
Trading volume for the coin dropped 33% in the last 24 hours, indicating subdued trading activity.
The move comes amid a broader cryptocurrency market correction, with blue-chip coins like Bitcoin and Ethereum giving back gains from recent highs.
TRUMP Coin Faces Growing Scrutiny TRUMP coin, launched shortly before President Donald Trump's inauguration in January 2025, peaked at a market capitalization of $9 billion. Its fully diluted valuation once reached as high as $75 billion, considering Trump-related holdings.
However, the coin has fallen as fast as it rose. It has dropped 97% from its all-time high, with its market cap now collapsed to $552 million.
Cryptocurrency 24h Change +/- 1 Week Change +/- YTD Change +/- 1 Year Change +/-
Official Trump -11.65% +55.64% -55.25% -73.55%
Nearly 1 million people have lost money on the coin, with cumulative losses reaching $3.8 billion as of the end of June. Meanwhile, according to Trump's 2025 financial disclosure, Trump himself earned nearly $636 million last year from royalties and licensing fees related to "celebration coins."
Earlier this month, Senators Elizabeth Warren and Richard Blumenthal asked the U.S. Securities and Exchange Commission to investigate TRUMP coin, calling it a potential "illegal scam."
Price action: As of this writing, TRUMP coin is trading at $61,237.57, up 3.42% over the past 24 hours, according to
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