{"id":11010,"date":"2025-02-03T09:31:54","date_gmt":"2025-02-03T09:31:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11010"},"modified":"2025-02-03T09:31:54","modified_gmt":"2025-02-03T09:31:54","slug":"trump-down-75-from-peak-even-as-donald-trump-shills-the-token-on-truth-social","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11010","title":{"rendered":"TRUMP Down 75% From Peak Even as Donald Trump Shills the Token on Truth Social"},"content":{"rendered":"
\n

A market-wide drop has sent Donald Trump\u2019s TRUMP token spiraling further down in the past 24 hours, bringing losses from the peak to a staggering 75%.<\/p>\n

TRUMP was issued a couple of days before Trump\u2019s swearing-in ceremony on Jan.20 as the first-ever memecoin officially endorsed by a sitting president. It ran from zero to a market cap peak of $14 billion less than 48 hours after going live, though most retail traders lost money on the token, as a CoinDesk analysis showed<\/a>.<\/p>\n

Trump continues to endorse the token on his social media platform, Truth Social, where he posted “I LOVE $TRUMP!!” alongside a link to purchase the token over the weekend.<\/p>\n

However, the market responded with less enthusiasm than anticipated. By Sunday morning, the TRUMP token had dipped to a low of $19.09, its lowest since Trump’s return to the White House and a price below where it was listed on most major exchanges (around the $40 mark).<\/p>\n

This is a stark reminder of the volatility in celebrity-backed meme tokens, where even high-profile endorsements can backfire in the face of broader economic policies and market trends.<\/p>\n

As such, TRUMP\u2019s fall isn\u2019t isolated; it coincided with a broader market decline triggered by Trump’s announcement of new trade tariffs against Canada and Mexico. Bitcoin (BTC) slumped 6% in the past 24 hours, while majors xrp (XRP) and dogecoin (DOGE) are down more than 25% in a steep drop that has reversed all of December and January\u2019s gains.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A market-wide drop has sent Donald Trump\u2019s TRUMP token spiraling further down in the past 24 hours, bringing losses from the peak to a staggering 75%. TRUMP was issued a couple of days before Trump\u2019s swearing-in ceremony on Jan.20 as the first-ever memecoin officially endorsed by a sitting president. It ran from zero to a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11010","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11010"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11010\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}