THE Official trump (Trump) even Coin is the least efficient token of the 100 best cryptocurrencies by market capitalization this week, according to Coingecko – Touching the lowest price seen in just a few hours after the launch of the room.
The weekly dive of 37% of Trump occurs while the flows and flow in the American President’s trade war Provoke significant oscillations on the cryptography market, although no major part has been touched as hard as it is during last week.
Friday, President Trump announcement That he intended to impose prices of up to 25% in Canada and Mexico, as well as a 10% commercial rate on China, which caused the tank of the markets throughout the weekend -End. Trump was not different, according to Flirtatiousfell from $ 26.07 on Friday morning to $ 20.54 by the end of Sunday.
After a hectic morning, in which Trump dropped an additional 14.8% to $ 17.49, the market has rebounded once it was announced that the The prices on Mexico would be on break While the two countries were trying to negotiate an agreement. In response, the memes Solana play joined $ 19.86 in the hours thereafter.
Soon, the proposed The price in Canada was also interrupted,, But that didn’t stop Trump from falling into value. So Tuesday, the news announced that China should impose your own prices set on American products in retaliation. This caused the Trump token of its previous rally to fall at $ 16.52 – the lowest price recorded since January 18, just hours after the fall in the med medal.
Trump launched a few days before the inauguration of the 47th president, quickly touching its summit of $ 73.43 on January 19 – before starting a long break after after the release of the same money of Melania Trump, Melania.
Now Trump is down 75% compared to its price of all time, crashing 36% in the last 7 days at a current price of $ 17.92. At his peak, Trump was the second part of the same as far stock behind Dogecoin (DOGE), but has since fallen behind Shiba Inu (Salogner) and pepe (Pepper) in fourth place.
With that, The volume of trading against the token has dried. According to FlirtatiousTrump experienced a value of $ 2.46 billion in negotiation volume in the last 24 hours, which represents a drop of 93% compared to the volume of $ 36 billion given the day of the inauguration of Trump.
Edited by Andrew Hayward
Daily debriefing Bulletin
Start every day with the best reports at the moment, as well as original features, a podcast, videos and more.
