The cryptocurrency, officially launched under Trump’s name, has experienced a dramatic fall following an initial surge in price. After reaching highs of $75.35 and encountering high trading volumes, the token has dropped by 85%, plummeting to just $9.30, driven primarily by recent tariff announcements. These announcements have caused a significant market downturn, leading to heightened anxiety among investors. While some traders are capitalizing on anticipated further price drops, others remain cautious due to past experiences of similar losses in 2021. The market remains closely monitored as traders carefully analyze both price levels and broader economic and political developments.