#Trump:ILOVE$TRUMP
The $TRUMP memecoin, launched by President Donald Trump on January 17, 2025, experienced significant volatility in its early months. Initially, the token saw a rapid surge in market capitalization, reaching approximately $15 billion by inauguration day. However, this was followed by a sharp decline, with the market cap plummeting to around $2.48 billion, effectively erasing $12 billion in investor value.
A notable event contributing to this decline occurred on February 25, 2025, when a major holder, or "whale," sold 763,582 $TRUMP tokens for $9.48 million USD Coin (USDC). This transaction resulted in a personal loss of $24.4 million for the investor and led to a 13.53% drop in the token's price within 24 hours.