TRUMP Token Crashes to New Lows as Traders Brace for More Losses
10.02.2025 12:30 1 min. read Alexander Stefanov SHARE: 0 SHARES The TRUMP cryptocurrency has been caught in a steep decline, shedding most of its value within weeks. Market instability, coupled with growing pessimism among traders, has fueled this downward spiral, leaving little room for optimism. The token’s struggles are compounded by broader market conditions, where uncertainty continues to dampen investor confidence. With bearish sentiment dominating, funding rates have plunged to their lowest levels since January. The increasing number of short positions suggests that traders are anticipating further losses rather than a potential recovery. As a result, buying interest has dwindled, allowing selling pressure to dictate price action. This shift in sentiment has made it increasingly difficult for TRUMP to find stability, as each failed attempt at recovery further weakens confidence. Recently, TRUMP hit an all-time low of $14.29 after breaking below the crucial $16.00 support level. The 11% drop in just 24 hours has reinforced negative sentiment, pushing traders to adopt an even more cautious stance. If the current trend persists, the price could soon dip below $10, a level that would erase nearly all of its gains since launch. Such a scenario could heighten liquidation risks, triggering further sell-offs and making a rebound even more challenging. Without a significant shift in market conditions or renewed investor interest, TRUMP’s downward trajectory may continue, leaving it vulnerable to even deeper declines. SHARE: 0 SHARES More Altcoins News Central African Republic Joins Memecoin Craze, Introduces Own Token The Central African Republic has stepped into the world of memecoins with the launch of its own digital token, aiming to harness the power of internet culture to drive national development and international recognition. 10.02.2025 13:00 2 min. read Alexander Zdravkov Dave Portnoy Turns $10K Loss into $75K Profit Amid Meme Coin Chaos Crypto trading, especially in the realm of meme coins, often presents unpredictable ups and downs, amplified by volatility and risk. 09.02.2025 11:00 2 min. read Alexander Stefanov Analyst Predicts FET Could Surge to $5 Despite Recent Market Dip Crypto analyst Il Capo of Crypto has shared an optimistic view on the altcoin FET, despite its recent struggles in the market. 09.02.2025 10:00 1 min. read Ethereum Struggles with Market Decline, but Analysts See Potential for Price Surge Santiment, a leading crypto analytics firm, has shared a fresh evaluation of Ethereum (ETH), pointing to significant challenges the asset has faced recently. 09.02.2025 9:00 1 min. read QR for the Bitcoin/Ethereum Address: QR for the Bitcoin/Ethereum Address: