🔻 $TRUMP
Coin Sinks Near $10
The official Trump meme‑coin has dropped to around $9.93, down roughly 4% in the past 24 hours. It’s in a clear downtrend from its $16 peak on May 22, a ~36% drawdown .
Trading activity has cooled significantly: 24‑hour volume is near $525M, with a 14% fall in spot trading and a 12.4% decline in futures open‑interest .
🏦 World Liberty’s New USD1 Stablecoin Gains Focus
World Liberty Financial (Trump‑family‑backed) upgraded its USD1 stablecoin with bridge and swap tools, drawing attention away from Trump .
Weak sentiment around $TRUMP is linked directly to investors shifting into the newly enhanced stablecoin .
⚠️ Warnings Against Chasing the Hype
Analysts caution about meme‑coin volatility, especially with Trump’s birthday on June 14 approaching—any statement from him could trigger sudden price spikes .
💸 Daily Capital Outflows
Since a high‑profile VIP dinner on May 22 (which granted exclusive access to top holders), $TRUMP has experienced daily outflows exceeding $50 M .
📈 Live Snapshot
Price: ~$9.93 (↓4% today)
24‑hr Volume: ~$525 M
OI drop: ~12–14%
🔍 What to Watch
1. Trump’s upcoming birthday (June 14) – a tweet or event could spark renewed interest.
2. Adoption momentum for USD1 – stablecoin growth may outpace Trump demand.
3. Geopolitical/policy cues – any Trump endorsement of crypto could impact prices.
In summary: Trump$ has cooled from its spring highs, trading around $10 on low volume and easing futures interest. Meanwhile, the focus has shifted to the Trump‑family’s stablecoin. With his birthday approaching, expect potential volatility—but tread carefully.