TRUMP memecoin loses 21.5% of market cap and hits all-time low

8 articles · Updated · AMBCrypto News · Apr 26

The TRUMP memecoin dropped $161 million in value to a $232 million market cap, reaching $2.459 before a crypto conference at Mar-a-Lago attended by top holders and public figures.
The decline was driven by heightened selling, team offloading $46 million in tokens, and a long squeeze after an assassination attempt on President Trump soured sentiment and triggered further liquidations.
TRUMP lost its month-long support level and is down 96% from its peak; while some recovery started, bearish market structure persists, with potential for further drops or a reversal if price closes above $3.

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