Trump Coin ($TRUMP ), the cryptocurrency launched by Donald Trump in early 2025, experienced turbulence. Shortly after its launch, it skyrocketed to nearly $75. 🚀
🚀The initial enthusiasm faded, large holders sold their coins, and the project has little real use. 📈 Reports say that insiders linked to the project gained over $300 million, while regular investors suffered losses.
The coin plummeted nearly 88% and is trading around $8-9 💥. Even after the sharp decline, the market remains active with $460 million, representing nearly a quarter of the total supply. This indicates that investors remain active, although much of it seems to be due to strong selling pressure testing the main support of $8.4.📊
