The TRUMP token, launched by Donald Trump on Solana, has experienced a significant drop in price following the former president's inauguration. While the reason for the dive is unclear, some investors believe it may be due to unmet expectations surrounding Trump's speech, which did not mention cryptocurrency. Despite the price decline, large investors are buying up TRUMP at lower prices, suggesting they believe in the token's long-term potential. TRUMP has been highly volatile in the meme coin world, reaching a market cap of $31 billion at one point.



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