The Solana -based Trump crypto currency, named Donald Trump’s name, fell to $ 10.50 with a striking decline of 85 %since the $ 73.43 January summit. In the general crypto money market, leading assets such as Bitcoin and Ethereum experience similar losses, while economic uncertainties and inflation concerns are uneasy. President Trump’s statements that did not ignore the risks of recession also affected market dynamics.
Historical collapse in Trump crypto currency
Trump crypto currency has been constantly losing value since the record level of $ 73.43 in January 2024. According to the latest data, Token decreased to $ 10.50, not only in 2024, but also the hardest decline among the breast coins in the Solana ecosystem. Market analysts emphasize that there are both project -specific factors and macroeconomic conditions behind this decline.
Increasing inflation pressure in global financial markets and harsh monetary policies of central banks deeply affect the crypto money market. The fact that Donald Trump did not completely reject the possibility of recession in a recent interview triggered investors’ distance from risky assets. This hit the breast coins directly with high volatility.
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
Solana ecosystem and general decrease in breast coins
Token LaunchPads, such as Pump.fun, operating on the Solana network, extracted more than 8 million token in 2024, increased the surplus of supply on the market. This led to the depreciation of popular breast coins such as Fartcoin, Bonk and Dogwifhat. For example, after the scandal in the Lıbra Token, which was associated with Argentine President Javier Milei, trust in solana -based projects was shaken.
Although the Pump.fun platform reaches 150,000 active users per day, the general decline in the market continues. Solana’s local Token is trading at the lowest levels of the last year. Analysts predict that regulatory uncertainties and global economic data will further affect the crypto money market in the coming months.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
