TRUMP Token Drops 9% Amid Trump-Musk Feud and Political Uncertainty, Trading Stays Volatile

TRUMPUSDT experienced a notable price decline over the past 24 hours, dropping 9.06% from an open of 10.82 to a current price of 9.84 on Binance. This decrease is largely attributed to heightened market volatility following the public feud between President Donald Trump and Elon Musk, which triggered a broader sell-off across the cryptocurrency sector and negatively impacted market sentiment. Additional contributing factors include ongoing political scrutiny of Trump-branded crypto initiatives and uncertainty surrounding the official status of the TRUMP wallet, as Trump family members have publicly distanced themselves from recent wallet launches. Trading activity remains strong and volatile, with the token’s price action closely tracking political developments and broader crypto market trends.