Trump Meme Coin Down 96% From Peak as President's Approval Ratings Sink
President Trump’s Solana-based meme coin, Official Trump (TRUMP), hit a multi-month low of $2.87 early Tuesday and is down over 15% in the past week, despite broader crypto market gains. This marks a decline of over 96% from its all-time high price of $73.43 reached in January 2025. The price drop coincides with worsening polling data for President Trump, as prediction markets and traditional polls show declining approval—current disapproval sits at about 54.8%. Geopolitical uncertainty surrounding the conflict with Iran, exacerbated by Trump’s recent statements and threats, has increased market volatility. While Bitcoin and Ethereum have rebounded, TRUMP coin continues to slide. Another Trump-linked token, World Liberty Financial (WLFI), rose 1.4% in the last 24 hours but remains down 69% from its all-time high. WLFI has also faced scrutiny due to a $500 million UAE investment and recently hosted a conference at Mar-a-Lago.
