Here’s a detailed explanation of the statement and related market movements, broken down with headings for clarity:
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🗣️ Trump’s Statement on the Dollar
Former U.S. President Donald Trump recently made a bold comment:
> "Under a smart president, the dollar will not fall, but under a fool, like the last one, anything can happen."
This remark appears aimed at current or previous administrations (likely Joe Biden), criticizing their economic policies and currency management.
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📉 Did the Dollar Fall Under Trump?
Ironically, Trump himself oversaw a significant decline in the dollar's value early in his presidency.
🔍 Dollar vs. Euro – First 6 Months (2017)
When Trump took office in January 2017, 1 Euro = $1.05.
By July 2017, 1 Euro = $1.20.
✅ Result: The dollar fell by ~15% against the euro during his first 6 months.
This drop was influenced by:
Concerns over trade wars and tariffs
Uncertainty in fiscal and tax reform implementation
A shift in global investor confidence
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💸 The Dollar's Strength Today
As of now (July 2025):
$USDC (a stablecoin pegged to USD) is trading slightly below peg: $0.9993 (-0.03%)
While stable, small deviations like this reflect short-term market pressures, liquidity flows, or exchange demand.
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📊 Market Performance Snapshot
Here’s how associated tokens are doing:
Token Price Change Description
$TRUMP TRUMP $11.31 ▲ +5.89% Meme/political token, surged after Trump news
$SOL $194.94 ▲ +7.69% Solana rallies with broader altcoin momentum
$#USDC USDC $0.9993 ▼ -0.03% Slight deviation from $1 peg, still stable
$TRUMP is rising due to political attention and social sentiment.
$SOL OL benefits from strong DeFi/NFT use and overall bullish market conditions.
emains fundamentally stable, as expected from a top stablecoin.
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🧠 Market Psychology & Political Rhetoric
Political leaders often use currency strength to reflect economic performance. However:
The value of a currency is influenced by monetary policy, trade balances, interest rates, and global trust — not just the president.
Trump’s statement may appeal emotionally but overlooks macroeconomic realities, including Federal Reserve independence and global capital flows.
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📈 Conclusion
While Trump criticizes others for dollar weakness, historical data shows his administration also saw a steep drop early on.
Today, his commentary may be sparking meme coin rallies like $TRUMP, but the real story of the dollar is shaped by much deeper financial forces — not just presidential soundbites.
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