GoKawiilTrump's $TRUMP Memecoin Hits All-Time Low of $1.12 After Midterms
Donald Trump's official memecoin fell to an all-time low of $1.12 following the US midterm elections, down from $1.70 beforehand and roughly $2.00 a month earlier. The coin's market cap, which once peaked at $72 billion, has shrunk to around $340 million, leaving many of the nearly one million holders sitting on steep losses.
GoKawiil's interpretation of the reporting above, not reported fact.
The coin's collapse highlights how early insiders profited while later buyers absorbed the losses: one analysis cited found 21 wallets cashed out roughly $214 million shortly after launch, which may have triggered the broader price decline. The episode could intensify scrutiny of a sitting president profiting from a personal crypto venture, especially given reports that Trump's crypto dealings have generated over $1 billion since he returned to office.
- Trump's memecoin hit an all-time low of $1.12, far below its post-election price of $1.70 and earlier levels near $2.00.
- The coin's market cap has shrunk from a peak of $72 billion to about $340 million.
- An analysis found 21 early wallets withdrew about $214 million shortly after launch, preceding the price's steep decline.
Source: futurism.com — Joe Wilkins, 2026-11-06
Published there as: “Investors in Trump’s Crypto Coin Are Now Screwed Beyond Belief”
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