๐ช #TRUMP Coin Faces Market Turmoil ๐
As of April 19, 2025, the Official #TRUMP meme coin ($TRUMP ) is experiencing significant market volatility. ๐จ Approximately 40 million tokens, valued at around $320 million, are being unlocked starting April 17. ๐ This influx is expected to increase selling pressure, potentially reducing the coin's price from $8 to as low as $3 by the end of May. ๐
Since its peak at $73.43, $TRUMP has declined nearly 90%, with early investors reportedly losing about $2 billion. ๐ธ
The #TRUMP Organization has not introduced any new utilities for the coin, further diminishing investor confidence. โ
Critics are also voicing concerns over President Trump's deregulation of the cryptocurrency industry, especially given the Trump family's expanding involvement in crypto ventures. โ๏ธ These actions have raised questions about potential conflicts of interest and the prioritization of personal gain over regulatory integrity. ๐ค
Stay informed as the situation develops. ๐