WSJ · 2026-11-05 18:00 UTC

Trump's Memecoin Sinks to All-Time Low

$TRUMP memecoin fell 16% in 24 hours to $1.12, reaching an all-time low amid selloffs in tech stocks and crypto. The token was launched ahead of Trump's January 2025 inauguration with initial enthusiasm and billions in market cap, but has since collapsed. Trump faced controversy last year for appearing at a gala dinner for coin holders.

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