Donald Trump's $TRUMP Coin Market Stalls, Down 80% From January High

The president is willing to introduce all sorts of pro-crypto policies to help the crypto market surge.

Donald Trump’s crypto dream seems to have hit a roadblock, with his official $TRUMP meme coin currently trading at around its all-time low. Despite the president’s efforts to introduce various pro-crypto policies, 12th Feb has brought a wave of decline for the Trump coin, among other coins.

The Trump coin is down by 1.61% today, trading at only $14.85. While the decline may not be as significant compared to the status of some other coins, the coin has dropped 80% within a month from its January high.

The market cap of the Trump coin has also fallen drastically. In January, the coin’s official collection was $15 billion. Now, in a matter of less than a month, the market cap stands at only $2.9 billion.

The fate of the Trump coin is not unique, as memecoins are generally having a tough time. The original Dogecoin is also down by 25% within a month. Similarly, Shiba Inu has dropped by 28%.

Other major coins, such as Bonk, Dogwifhat, and more, have fallen by over 10%.

As the dust settles, investors must consider the reason behind this market behavior. One primary factor could be the institutional buyers selling off their stash in bulk, as suggested by a data survey by Nansen.

The survey shows that most institutional traders who made a profit from meme coins have dumped their coins. At the same time, only retail investors are holding on to their assets.

However, it is a known fact that a crypto community cannot surface without institutional investors.

In fact, the phenomenon is not new in the crypto coin market, especially for the meme coin niche. Institutional investors never fully trust this segment of crypto coins.

They only use meme coins as buffers to stabilize their profit targets. While using meme coins, sometimes some of the investors get caught by FOMO when they make token investments in some coin or the other.

Eventually, they dump the coin and use the profit to buy more stable coins.

A technical heads-on analysis suggests that the Trump coin may reverse its position in a few days or a few weeks. The wedge cycle for this coin is just around the corner.

Our trend line analysis shows that the highest crest and troughs have been occurring since 2nd Feb 2025. Meanwhile, the lower trend line is also observing similarly steep swings a day later.

Therefore, it is expected that the highest and lowest trendlines will be meeting soon. Once that happens, the market is bound to turn bullish again.

And that moment may not be far away.

Amidst the fall, other technical indicators are also suggesting an impending bullish pattern. In essence, the Trump coin may revive soon and reach its resistance level of $22.75, which is 55% over the current price.