In the wild west of memecoins, few tokens embodied hype like $TRUMP—the Solana-based meme coin tied to President Donald Trump’s brand, launched amid inauguration fanfare in January 2025. What started as a speculative frenzy, peaking at a $49 valuation and drawing 813,294 wallets into its orbit, has devolved into a stark cautionary tale. As of November 24, 2025, $TRUMP trades at a mere $6.25, down 91.7% from its all-time high and reflecting a staggering $2 billion in collective investor losses over 19 trading days. The Trump family’s net worth has eroded by $1 billion since early September, largely from this wipeout, Eric Trump’s Bitcoin mining stakes halving in value, and Truth Social’s crypto-tied shares hitting lows.
As X users lament the “Trump crypto curse” and call for impeachment fodder in 2026, Tapbit issues a stark warning: High-risk plays like these demand audited platforms and risk management—don’t let FOMO turn your portfolio to dust.
The $TRUMP Saga: From Inauguration Hype To $2B Investor Carnage
Launched on Solana in January 2025, $TRUMP rode a wave of political meme mania, minting 1 billion tokens with 80% held by Trump entities like CIC Digital LLC and Fight Fight Fight LLC. The ICO exploded: Within a day, its market value hit $27 billion, valuing Trump’s holdings at $20 billion and netting $350 million in sales/fees by March, per Financial Times. Perks like VIP dinners for top holders at Trump’s DC golf course fueled the frenzy, drawing retail speculators betting on post-election glory.
But the bubble burst swiftly. A Chainalysis analysis for The New York Times revealed 813,294 wallets hemorrhaging $2 billion in unrealized/sold losses within 19 days—$20 lost per $1 in fees pocketed by Trump partners ($100 million total). Early buyers at 18 cents saw one user snag 6 million tokens on day one, but most watched values plummet. By September, an 8% slide amid liquidations wiped $50 million from Trump’s stake alone. November’s “Great Crypto Crash” amplified the pain: $TRUMP fell 11% weekly.
The family’s broader crypto empire crumbled too: Eric Trump’s 7.5% in American Bitcoin Corp. (ABTC) lost 45% since going public, erasing $300 million; Truth Social’s 11,500 BTC hoard (bought at $115K) sits 25% underwater at $82K BTC. Bloomberg pegs the clan’s fortune at $6.7 billion, down $1B from September— a “stinging” hit from memes to mining. X chatter roasts it as the “Trump crypto curse,” with one post quipping: “Trump still cashes in on fees while yelling ‘buy the dip!'”
Technical Breakdown: Oversold Signals In A Sector-Wide Rout
$TRUMP’s chart screams deeper capitulation: from its $75.35 all-time high in January, the token has collapsed to just $6.25, a brutal 91.7% drawdown. After briefly touching $5.80 last week, it’s now consolidating with an RSI around 25 (deeply oversold) and a still-bearish MACD showing no meaningful reversal. Volume jumped 15–20% on the latest leg down, but buyers remain absent. Key levels to watch: support at $5.80 (recent low), next resistance at $7.50–$8.00. In a battered memecoin sector now valued at roughly $48 billion (down ~70% YTD), $TRUMP’s wipeout has been far more severe than most and mirroring the carnage seen in PEPE and other high-beta memes
On-chain: Whale dumps dominate, with 80% supply in Trump hands raising rug-pull fears—selling could “douse” value further, per Fortune. NFT ties (Pudgy Penguins down 43%) compound the speculative rot, as trading volume hits yearly highs but prices crater. Analysts like those at Coinpedia warn: “Viral memes like $TRUMP thrive on hype, not utility—expect volatility.”
Broader Memecoin Market: $5B Weekly Losses And Rotation Risks
November’s crash hammered memes hardest: Sector cap from $116.7B (Jan peak) to $52.3B, with $5B evaporated in 24 hours despite 40% volume surge—signaling panic sells over organic interest. $TRUMP’s 11.65% weekly slide was “least affected” among leaders, but Bonk/Pepe/WIF bled 20%, and NFTs hit $2.78B lows (-43% monthly). Capital rotates to “safer” alts like XRP (+7% to $2.23), but memes’ 66% YTD drop echoes 2022’s winter.
Drivers: ETF outflows ($3.79B BTC), shutdown fears, and “pure bubbles” per experts—$TRUMP’s political tie amplifies scrutiny, with Dems eyeing conflicts. X sentiment: “Crypto crash erodes Trump wealth,” with calls for SEC oversight on backers like Justin Sun.
Tapbit’s Warning: High-Risk Plays Demand Discipline
Memecoins like $TRUMP exemplify the sector’s allure—and peril. “Pure speculation,” warns Tapbit’s risk team: 80% fail long-term, amplified by illiquidity and hype cycles. Eric Trump’s “buy the dip” plea rings hollow amid $2B losses—retail faces asymmetric downside.
Tapbit urges: Diversify beyond memes (e.g., BTC/ETH pairs), use stop-losses, and trade audited assets. Log into your Tapbit account and trade memes wisely.
