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The Value of Trump's Meme Coin Keeps Plummeting

Victor Tangermann

created: Feb. 3, 2025, 8:20 p.m. | updated: March 19, 2025, 5:36 p.m.

<p>  President Donald Trump's dubious meme coin just keeps sliding. Trump's "official" crypto venture has lost thirty percent of its value over the last seven days and is down well over 50 percent since it was coined days before the inauguration, according to CoinGecko. The continuous slide was at least in part due to Trump's tariffs on Mexico, Canada, and China, which kicked off a trade war, and spooked investors into ditching extremely volatile assets. Whether that even matters at this juncture is unclear. As Reuters reports, Trump's meme coin scammed supporters out of an estimated $100 million in just […]</p>

5 months, 1 week ago: Futurism