More than 60% of Meme Coin $TRUMP has died.

Trump-themed meme coins flooded the market in early 2025, capitalizing on the wave of political momentum. But just a few months later, most of them fell, lost liquidity, and were abandoned by traders. Cryptonews has analyzed tokens related to Trump and found that most have failed. The Trump meme coin market shows how political cryptocurrency can be risky and chaotic — with coins rising and falling rapidly, and signs that insiders may be cashing out. More than half of the Trump meme coins have lost 90% compared to ATH. Our analysis shows that 63% of Trump-themed meme coins have fallen over 90% from their all-time high (ATH), and 58.5% of tokens also recorded trading volumes below $1,000 in the last 30 days — a sign that trader interest is diminishing. Most Trump meme coins are traded on decentralized exchanges (DEX), where a single token can be split into multiple liquidity pools. This setup often leads to significant fluctuations in both volume and liquidity. The boom and bust model is common and often driven by hype on social media and speculative trading. The trading volume of a token can reach several million in one month and drop to just a few thousand the next month.

This pattern is less commonly seen in larger tokens like Official Trump (TRUMP), which tends to maintain more stable trading activity. An example is TRUMP MAGA (MAGA), launched in the middle of the U.S. presidential campaign. According to GeckoTerminal, its trading volume peaked in December and January, averaging around 105 million dollars per month. By March 1st, the volume had fallen to 59.3 million dollars and by April 1st, it decreased to 5.9 million dollars. This represents a decrease of approximately 94.38% during the same period. Abbass Abdul Sater, Head of Business at Capital.com, spoke with Cryptonews about what affects the price of Official Trump. His comments also reflect the broader trends seen in similar meme coins within this category: This coin skyrocketed almost instantly, attracting Trump supporters, speculators, and curious retail investors. But the excitement didn't last long—within a few weeks, $TRUMP lost nearly half its value. Reports indicate that there were internal sell-offs at the highest level, raising allegations of a pump-and-dump scheme. With no real utility behind the token, many began to question whether this coin was ever more than a flashy fundraising tactic. Q1 2025 Witness a Surge in the Launch of Meme Coin Trump Most of the Trump-themed meme coins were launched in Q1 2025, particularly in January and February. This period highlights the strong influence of the political context on their creation. The inauguration of the President of the United States takes place in January, likely contributing to a surge in token launches. On January 17, Official Trump was deployed and remains one of the most actively traded Trump-related tokens to date. The craze began in early January, just before Donald Trump's inauguration, and quickly turned into a gold rush. February was the same, as traders tried to mimic the success of Official Trump. But despite the explosion of new tokens, none could capture similar growth momentum. This trend continued into March, but the coins launched that month still struggled to attract attention or trading volume like in January.

However, some Trump-themed tokens were launched earlier by one or even two years. For example, FreeTrump(TRUMP) was created over two years ago and was listed in the Uniswap V2 group on the DEX. This token is currently considered inactive or "dead," as its price has fallen nearly 100% from its all-time high of $0.0755 on May 31, 2024. Final Thoughts The trend of the Trump meme coin has shown a high sensitivity to political sentiment and headline events. The first quarter of 2025 witnessed a surge in the launch of new tokens, especially ahead of Donald Trump's inauguration. However, despite the hype being real, the sustaining power is not. Most of these tokens fail to maintain attention, with many tokens experiencing a collapse in trading volume and a price fall of over 90% from their peaks. Official Trump reached an all-time high of $75.35 on January 19, when the public was interested in it. Although this token still has relatively strong trading activity, its price has fallen to $7.80 as of April 8 — a decrease of nearly 90%. This sharp decline indicates how fragile momentum can be for politically themed MEME coins. Abbass Abdul Sater pointed out deeper structural concerns: Its structure also raises warnings, particularly around campaign finance rules, as it allows for anonymous, unlimited contributions — potentially opening the door to a new kind of political dark money. The consequences have spurred calls for tighter regulations and potential legal repercussions, from SEC investigations to potential lawsuits. While early participants and insiders have walked away with profits, latecomers have suffered losses. Ultimately, although the currency has collapsed, it still retains energy for Trump's base — and may have quietly helped fund other projects behind the scenes. Ultimately, Trump-themed tokens mostly act as speculative vehicles rather than long-term assets. Without real utility or a stronger ecosystem behind them, most are unlikely to be resilient — or still relevant. We Have Conducted Research Like This Analysis based on open-source chain data, mainly from GeckoTerminal and CoinGecko. Most tokens are traded on DEX, where Trump-themed meme coins are often found the most. Prices are tracked from the launch of each token until April 2, 2025. Trump meme coins are highly fragmented. A token can have multiple liquidity pools or copies. GeckoTerminal lists about 250 such tokens, but no official or complete registry exists. Duplicate and overlapping groups have been removed, resulting in a final dataset of 119 tokens, providing a representative view of the current market. For the purpose of this analysis, tokens that have fallen more than 90% from their all-time highs are classified as "dead".