Among the reasons for the collapse of currency $TRUMP
Central control: 80% of the supply is in the hands of companies linked to Trump, raising concerns of manipulation.
Lack of actual utility: Being a meme coin with no real uses.
Selling by major investors: Large-scale dumping led to a rapid decline.
Political and economic impacts: Trump's economic statements raised market concerns.
Internal competition: The emergence of alternative coins like MELANIA distracted investors.
Results:
The currency dropped from $75 to less than $8 (about 90% loss).
More than 800,000 investors lost nearly $2 billion.
Accusations were directed that it was a massive "pump and dump" scheme.
In summary:
Currency $TRUMP was a media-inflated bubble, which fell quickly due to poor distribution, speculation, and lack of practical vision, leading to significant losses for investors..