🚀 $TRUMP Coin ($TRUMP) Next Move: What’s Happening?
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The Official Trump Coin ($TRUMP) has experienced significant volatility since its launch on January 17, 2025. Initially, the coin's value surged by over 300%, reaching a peak price of $75 per token and a market capitalization exceeding $15 billion. However, this rapid ascent was followed by a notable decline; by January 21, 2025, $TRUMP's price had decreased by approximately 50%, stabilizing around $38 per token.
As of January 29, 2025, $TRUMP is trading at approximately $0.84, reflecting a 7.75% decrease from the previous close. The day's trading has seen an intraday high of $0.91 and a low of $0.83.
The coin's initial surge was attributed to its association with President Donald Trump and the excitement surrounding its launch. However, the subsequent decline has raised concerns among analysts about the coin's long-term viability and the potential for it to be a "pump and dump" scheme.
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