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A TRUMP crypto whale extended its overall losses to over $15 million as the PolitiFi token crashed roughly 10% this Friday. On-chain metrics indicated that the whale recently sold 743,947 tokens, worth almost $8 million, amid an ongoing price slump.
The official Trump memecoin, $TRUMP, went up more than 10% to $12.25 after Donald Trump shared a post endorsing the token on Truth Social. According to data from crypto.
The liquidation heatmap showed that TRUMP was likely to fall toward $10 or lower in the short-term.
Donald Trump's ties to cryptocurrency projects, his holdings and those of Trump-backed World Liberty Financial have raised red flags in the crypto community on several occasions. As the Trump administration changes its stance from the U.S. President's previous term and turns pro-crypto, several crypto companies with close ties to Trump and his aides have gained or set their sights on gaining from association.
The total cryptocurrency market cap has lost more than $1 trillion in the past three months, causing intensified panic selling.
Liquidity heatmap showed that $11 could be visited before TRUMP reverses its short-term bounce.
The upcoming White House Crypto Summit on March 7 could have a major impact on the market, with discussions set to focus on regulation and innovation. Five key assets – Hedera (HBAR), Chainlink (LINK), TRUMP, MELANIA, and Uniswap (UNI) – are currently in the spotlight, with speculation rising about their potential inclusion in the US crypto reserve.
The crypto market continues its downward trend today, with bearish pressure overpowering bullish efforts.
PolitiFi tokens TRUMP & MELANIA witnessed a considerable whale-dumping phenomenon amid a market crash on Tuesday. The latest whale data suggested that large-scale investors are dumping these tokens at over $14 million in losses.
Story, Ondo Finance (ONDO), OFFICIAL TRUMP, Solana (SOL), and Uniswap (UNI) are five Made in USA cryptos to watch closely in the last week of February. Story has gained massive attention as a top AI crypto, despite a recent short-term correction.
With Bitcoin bleeding value due to a streak of not-so-good political issues, including the recent US tariff threats, AVAX price has also dipped in value. However, the Avalanche price decline has been marginal, since the token has lost only 1% of its total value.
The Solana-based meme coin OFFICIAL TRUMP (TRUMP) is extending its recovery after bouncing from recent lows for the second day.
TRUMP price continues to struggle, dropping more than 4% in the last 24 hours as it trades near historical lows. The bearish momentum has persisted for over a week, causing TRUMP to lose its position as the third-largest meme coin to PEPE, with a market cap now sitting at just over $3 billion.
Late January and early February 2025 provided ample – if ephemeral – opportunities for swift meme coin traders to make a massive profit with either high-profile or accidentally prominent cryptocurrencies.
SEC Commissioner Hester Peirce says memecoins like TRUMP are outside the agency's jurisdiction as investors lose $2 billion from the token's decline.
Many altcoins are struggling as the fear and greed index remains in the fear zone and the closely watched altcoin season index stays on the sidelines. Most cryptos are down by over 50% from their highest levels this year, making them bargains compared to where they were a few weeks or months ago.
The TRUMP cryptocurrency has plummeted to new lows, erasing most of its value within a month. This drawdown is the result of the ongoing tariff wars waged by the US President.
The cryptocurrency market has resumed its downtrend today, with the market cap losing $125 billion over the last 24 hours.
A cryptocurrency trader who had amassed over $11 million in profits with TRUMP memecoin has given it all back, accumulating more than $21 million in losses amid the tariffs crash.
The crypto market remains under pressure, with Bitcoin (BTC) now trading below the $100,000 mark and Ethereum (ETH) slipping under $3,000.
The President of the United States, Donald Trump, continues to expand his footprint in the crypto space by integrating his official memecoin, $TRUMP, into the sale of merchandise. Holders of $TRUMP can now purchase items such as sneakers, watches, and perfumes using this token.
The 24-hour liquidation heatmap also showed that there was a strong likelihood that TRUMP would gravitate toward $30.7.
After remaining in a downtrend for the past eight days, TRUMP may have bottomed at $25, according to analysts.
The market capitalization of Donald Trump's meme coin, Official Trump (TRUMP), briefly exceeded $14.5 billion; however, it did not have a noticeable impact on the overall cryptocurrency market.
