$TRUMP-coin appeared in January 2025 as a meme coin on the Solana blockchain, meaning a cryptocurrency whose value was initially based not on technology or utility, but on attention, symbolism, and interest in the personality of Donald Trump. The launch coincided with a period of high media interest in Trump.
#Trump
Information about the launch spread through major social networks and platforms, such as X, Donald Trump personally used his social media accounts to announce the launch of the coin. According to data, he announced the release of $TRUMP precisely through X (formerly Twitter) and the Truth Social platform, where he has a large audience.
What if it was a sale? People sold the wrapper? As time shows, yes, that's how it was.
Thus it turned out that there is an audience ready to sell, they can be given exclusive tips-secrets from all over the world.
In simple terms, to get rich 🥳
Due to this, the coin almost instantly gained huge reach. A viral effect quickly arose around it: memes, discussions in crypto communities, stories about sharp price increases and "missed profits" urged new people to enter the asset. People started to move, the wealthy uncle began giving good advice, but good with a big caveat, only good for himself.
And here the stories begin, despite mass buying and hype, the price falls. Gradually, but significantly perceptibly:
— January 2025 (launch) — the coin started strong, quickly reaching peaks around $75–$78 shortly after launch.
— March 2025 (~3 months after launch) — the price was already noticeably corrected compared to the peak, and in March it was trading significantly below the initial maximum (March data showed prices around $10–$12 USD).
— July 2025 (~6 months) — by mid-2025, the price continued to fall and fluctuated significantly below the levels of the first quarter, considering that by the end of 2025, the average was around $4–$5 USD.
— October 2025 (~9 months) — the minimum historical price was fixed at around ~1.5 USD, indicating even deeper declines.
— December 2025 / February 2026 (~12 months and +) — the coin stabilized at around $3–4 USD, which is 95% lower than the peak value.
‼️The price dropped from ~75.35 USD to ~3.25 USD — this is about a drop of ~95.7% from the maximum‼️
"market manipulation through dump" or just "dumping" in the crypto market.
The essence is that a holder with a large position puts a large volume of tokens for sale (or exchanges them for another asset) to reduce the price due to the imbalance of supply and demand. Sometimes this is done with the aim of:
Taking profits after a sharp rise (selling at a good price);
Pressuring other holders — forcing them to sell in panic and further lower the price;
Switching capital to other assets.
In English-speaking crypto terminology, this is often called a "whale dump" — because such large deals are usually made by investors with huge positions ("whales").
It's hard to say for sure without delving into tables, Trump's documents, what it was exactly, but suspecting such a thing pushes one to think.
What did Trump have #TrumpCrypto
1) The majority of tokens are with whales
The analysis of distribution showed that approximately 94% of all $TRUMP coins are held by ~40 large addresses (whales). This means that several large holders controlled almost the entire supply — which gives them the ability to influence the price during significant capital movements.
2) Movement of a large number of tokens to exchanges
In the past, the project team transferred large volumes — over $52 million TRUMP coins — to centralized exchanges, which coincided with periods of falling prices. Transfers to exchanges usually signal the market for possible sales.
3) Reports of whale sales
Recently, one large address moved about 3 million tokens (~$7.8 million at that price) to Binance, which was associated with closing a position at a loss (selling after accumulation above). Such transactions create pressure on the market.
PR was built on personal branding, political symbolism, and a sense of belonging. For part of the audience, buying the token was perceived as a form of support, for others — as a speculative opportunity to quickly earn on hype. Additional interest was fueled by news about events and bonuses for large holders, creating a sense of exclusivity.
Victims of the draw who lost EVERYTHING:
(names and data are not disclosed)
The crypto trader lost a significant amount trying to enter the top list of $TRUMP.
One Reddit user reported that he lost about $2.8 million in an hour trying to quickly buy 1.39 million TRUMP tokens on Binance for a "team dinner" with Trump — and this story was discussed in the crypto chat as an example of risk due to hype.
There were reports on Reddit from people who:
— invested in TRUMP at the peak (around $70) and lost about 50% of their funds, after which they announced they were leaving the crypto market for a while;
— lost about $168,000 investing in TRUMP, and shared about it in the crypto community;
There is also data from Chainalysis analysts that about 764,000 wallets of investors in TRUMP were in loss, but this data is not related to specific names, only wallet addresses.
But Trump remains himself and launches another coin in honor of Melania, apparently betting on her for a future repetition of the scenario.
What happened to it? The same path
Briefly on the dynamics:
— January 2025: ≈ $13.73 — historical maximum.
— April 2025: ≈ $0.38-0.55 — strong decline.
— July-August 2025: significantly < $1.00 — the memecoin has effectively lost previous interest.
— October 2025: ≈ $0.18-0.20 — attempts at local recovery.
— Beginning of 2026: ≈ $0.12-$0.15 — current low levels (~99% lower than the peak).
A recent PR campaign aimed at improving Melania's image failed, people did not respond positively, even showing aggression. The coin is currently on pause.
Those who play for a price decrease can safely take it, it's garbage that will fall.
#MELANIA
Critics noted from the very beginning that the project has no fundamental value and that such a distribution structure creates risks of strong volatility. As a result, the story of $TRUMP became a classic example of how media presence and personal branding can quickly create huge demand in the crypto market but can also quickly lead to significant price fluctuations when the initial hype subsides.