CandleFocus TRUMP Solana Token Falls After President's 'Pump' Post, While Bitcoin and Dogecoin Dip
2025-02-02
Author: Content Editor
President Donald Trump's Solana meme coin TRUMP reached a new low after Trump promoted it on social media, which was criticized as an attempt to artificially boost the failing token. TRUMP fell to $19.09, the lowest since Trump's return to the White House. The decline was also influenced by Trump's announcement of trade tariffs against Canada and Mexico. Anthony Scaramucci, a former ally of Trump, accused him of trying to pump the coin. TRUMP has fallen 70% from its peak, and its trading volume and holders have declined significantly. Other cryptocurrencies, including Bitcoin and Dogecoin, also experienced losses due to trade tariff fears.
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