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Trump’s Memecoins Crash: $TRUMP Drops 75%, World Liberty Financial Loses $51.7M in Crypto Turmoil
Donald Trump’s entry into the cryptocurrency market has hit a major roadblock, as his memecoins have seen significant declines in value.
The $TRUMP token, which launched on January 17, 2025, has dropped by an astonishing 75%. The coin’s price surged to its all-time high of $75.35 just two days after launch but has since plummeted to a current value of $17.62.
The $MELANIA token, introduced on January 19, has not fared any better. Its value has taken a devastating hit, falling by an unprecedented 90%. The token’s price peaked at $13.63 before tanking to around $1.40.
Trump-backed crypto firm World Liberty Financial (WLFI) has also been severely impacted, reporting losses of $51.7 million as its portfolio dropped 21% in value between January 19 and February 3, 2024.
Source: coinchapter.com
