🗳️ Trump Tokens Losing Steam — Meme Narrative Shows Signs of Exhaustion
The explosive run in politically themed meme tokens like TrumpCoin is starting to crack. After weeks of hype-driven moves, price action has become increasingly unstable, with lower highs forming across multiple $TRUMP -branded assets.
Recent on-chain data shows a steep drop in active addresses and new wallet participation. At the same time, funding rates are turning negative, a signal that long traders may be exiting or flipping their bias.
If $TRUMP breaks below key intraday levels, particularly under the psychological $0.50 zone, we could see a cascade toward earlier demand zones or even full retracement of the meme rally.
For traders focused on risk-managed shorts, these setups resemble past meme corrections like those seen in $PEPE and $BONK—both of which suffered 20%+ drops after hype peaks.
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Posted by @jutt9081
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