The Trump Coin price continued its downtrend, reaching its lowest level since October as whale selling intensified.
Summary
– Trump meme coin price has crashed from $50 in January to $5 today.
– The decline mirrors that of other Trump-related assets.
– Whales have continued dumping the token this year.
Official Trump (TRUMP) tumbled to a low of $5.78, down more than 40% from its October high and far below January’s near-$50 peak.
The crash has paralleled declines in other Trump-linked assets. Trump Media stock is down over 70% this year, and the World Liberty Financial token has fallen sharply from its peak. American Bitcoin, largely owned by the Trump family, plunged over 40% this week after a lock-up expiry, and AL5, which holds WLFI tokens, has also been in freefall.
The sell-off has been driven by weakening political support and increased investor dumping. Nansen data show whales have reduced holdings from 5.3 million tokens in November to 3.84 million today. Large-scale whale selling can add substantial downward pressure.
The number of tokens on exchanges has risen to 148 million, up from 147 million in November, while futures demand has weakened, with open interest in freefall.
Trump Coin price technical analysis
On the daily chart, the token fell from last month’s $9.56 high to around $5.80. It sits below all moving averages, and the Percentage Price Oscillator is below zero and declining. The likely near-term outlook is further downside, with an initial target at the all-time low of $4.57, roughly 22% below current levels. A break below that could push it under $4. Conversely, a move above resistance at $7 could open a path back to the October high of $9.56.
