The TRUMP token, which was endorsed by former US President Donald Trump, has seen its value drop by 75% in the past 24 hours. Despite Trump's continued endorsement on his social media platform, Truth Social, the market has responded with less enthusiasm than expected. The decline in the TRUMP token aligns with a broader market decline triggered by Trump's announcement of new trade tariffs against Canada and Mexico. This highlights the volatility of celebrity-backed meme tokens and the impact of broader economic policies and market trends.



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