BITNEWS

TRUMP Meme Coin Jumps 4.27%, Outpaces Bitcoin, Ethereum And Dogecoin, But It's Still No Where Near January Highs

The Official TRUMP (TRUMP) coin has surged 4.27% in the last 24 hours, reaching $18.50, with a market cap of $3.7 billion. Despite this short-term rally, TRUMP remains down 75.36% from its all-time high of $75.35 set on Jan. 19. What Happened: This dramatic drop follows a volatile market phase, where it lost 42% of its value in the last week.The meme coin, originally launched by CIC Digital, a group linked to President Donald Trump's campaign, reached an astonishing market cap of nearly $75 billion within days of its launch. However, its meteoric rise has been matched by sharp declines, as investors face uncertainty amid ...Full story available on Benzinga.com

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Published by: benzinga

Read full article here: https://www.benzinga.com/markets/cryptocurrency/25/02/43518087/official-trump-coin-jumps-427-but-still-75-below-januarys-all-time-high