The Memecoin Meltdown: How Trump’s Presidency Torched the Hype

Buckle up, crypto junkies—because the memecoin market just took a nosedive that’s left traders reeling and wallets bleeding. Once the darling of speculative frenzy, the memecoin bubble has burst spectacularly since Donald Trump’s second stint in the White House began on January 20, 2025. From a dizzying $124 billion peak in December 2024, the market has cratered to a measly $54 billion by March 06, 2025—a jaw-dropping 56% collapse. What sparked this fiery implosion? Let’s ignite the fuse and find out.

Trump’s inauguration was supposed to usher in a “golden age” for crypto, with his $TRUMP memecoin lighting the match. Launched days before he took office, it rocketed to a $14.75 billion market cap, raking in $100 million in trading fees for the Trump Organization while early insiders cashed out millions. But the blaze burned too hot, too fast. By late January, $TRUMP had plummeted 80% to $16 per token, torching $2 billion in investor funds. The fallout? A market-wide panic that saw new token launches on Pump Fun plunge 70% and Raydium trading volume crash from $3 billion to ashes.

The narrative shift is undeniable. Trump’s pivot to utility coins—coupled with his administration’s failure to deliver swift deregulation—doused the memecoin mania with cold water. Heavyweights like $DOGE, $SHIB, and $PEPE cling to relevance, but the flood of speculative newcomers has dried up. Experts now scream caution, urging punters to stick to established tokens as the hype fades faster than a MAGA rally in a snowstorm.

This isn’t just a dip—it’s a detonation. Trump’s memecoin gamble, once hailed as a genius grift, now looks like the match that lit the fuse on crypto’s dumbest bubble. The game’s moved on, and the casualties are piling up. #MemecoinMeltdown #TrumpCryptoCrash #CryptoChaos