The price of Donald Trump’s official cryptocurrency, $TRUMP token, has experienced significant volatility, dropping to around $10.40. Analysts predict further depreciation by late June, with predictions ranging from $8 to $9. This decline is fueled by speculative trading and social media buzz, rather than institutional backing or fundamental value. 💰
The token’s past performance shows a surge in price followed by a rapid decline. It peaked at $40 before facing the current downturn. While there’s no clear indication of leadership statements regarding future rallies related to Trump’s upcoming birthday or other events, retail interest and meme culture have fueled speculation about its potential.