The Solana meme coin, TRUMP, has experienced a significant drop of 25% in the last 24 hours, resulting in a current price of $12.60. This decline is the largest among the top 100 cryptocurrencies by market cap. The token briefly surged when Trump mentioned plans for a US crypto reserve that would include assets such as Bitcoin, Ethereum, XRP, Solana, and Cardano. However, market conditions have worsened, with the overall market plunging 11% in the last day. Ongoing inflation concerns and impending trade tariffs against Canada, Mexico, and China have contributed to investor unease. Major stock indices, including the Dow, Nasdaq, and S&P 500, closed lower on Monday, while gold saw a 2% increase. Bitcoin, often referred to as "digital gold," is down nearly 10% to $85,337, erasing most of Sunday's gains. Other cryptocurrencies like Solana, XRP, Ethereum, and Dogecoin have also experienced significant declines.



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