Market Cap
24h Vol
7720
Cryptocurrencies
62.66%
Bitcoin Share

TRUMP Memecoin Plummets as Tariffs Roil Markets

TRUMP Memecoin Plummets as Tariffs Roil Markets


The Defiant
2025-04-03 19:44:06

Crypto markets are in freefall on the back of US President Donald Trump’s “Liberation Day” tariff policy, and the TRUMP memecoin has taken a major hit as a result. The TRUMP coin, which peaked at a fully diluted valuation (FDV) of $75 billion, is down another 13% today to a $9 billion valuation. The token launched on Jan. 17 and skyrocketed to its peak valuation two days later, ahead of Trump's inauguration, and has been in a downtrend ever since. The token’s major drop on Jan.19 was catalyzed by the launch of Hayden Davis’ MELANIA token, which was promoted by the First Lady on social media. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.