Trump Pumps Meme Coin, But $TRUMP Dump Continues

President Donald Trump sought to revive interest in his $TRUMP meme coin Friday night, but the new digital coin continued to tumble. ↑X NOW PLAYING Palantir Was A Big Winner In 2024. Can Earnings Push Shares Higher? The $TRUMP meme coin launched on Jan. 17, just ahead of Trump's second inauguration. It hit a record $75.35 on Jan. 19 but quickly fell back, with a steady decline over the past couple of weeks. On Friday night, Trump posted on his Truth Social account, "I LOVE $TRUMP." But the $TRUMP price, which was around $24 at the time, has continued to plunge. It's below $20 on Sunday afternoon. The fully diluted value of $TRUMP is still roughly $19.9 billion. The $TRUMP website says 80% of the meme coin is held by Trump Organization affiliate CIC Digital, and a CIC co-owned entity called Fight Fight Fight. So $TRUMP, at least on paper, still accounts for the majority of President Trump's wealth. Meanwhile, the $MELANIA meme coin from First Lady Melania Trump is trading around $1.60. The $MELANIA coin launched on Sunday, Jan. 19 and briefly spiked to $13.63. But the digital asset quickly fell below $4 and has continued to slide. #newssphere #News #Trending News #UnitedState #USA #US