TRUMP Down 75% From Peak Even as Donald Trump Shills the Token on Truth Social
TRUMP was issued a couple of days before Trump’s swearing-in ceremony on Jan.20 as the first-ever memecoin officially endorsed by a sitting president.
TRUMP was issued a couple of days before Trump’s swearing-in ceremony on Jan.20 as the first-ever memecoin officially endorsed by a sitting president.
Trading volumes on Korean exchanges Bithumb and Upbit have dropped significantly in the past week, indicating a drop in retail trading activity.
The market cap of USDe has pushed past $6 billion, and the peg remains virtually stable, despite the market bloodbath.
The review comes as Donald Trump’s crypto friendly policy has pushed countries to soften their approach on digital assets.
XRP, dogecoin (DOGE) and Cardano’s ADA fell more than 25% to reverse all of the gains since December, reaching pre-U.S. election levels from early November.
The probability has doubled from last week as the renewed trade war between the U.S. and its major trading partners threatens to inject inflation into the küresel economy.
BTC, ETH, SOL all down as the market digests the impact of the possibility of a küresel trade war
Renewed trade war, coupled with mass deportations, could add to inflation. BTC’s weakness likely reflects those fears.
Altcoins fared far worse than bitcoin as the new U.S. president seemingly ignited a trade war.
The White House confirmed sizable tariffs on Mexico, Canada and China will go into effect tomorrow.