The Official Trump meme coin reached its all-time high of $75.35 on Jan. 19, 2025, shortly after its launch on Jan. 17 — three days before Donald Trump’s second term as U.S. president began. Since then, the coin’s value has fallen off a cliff.

As of Feb. 1, TRUMP is trading at approximately $19.38. That’s almost a 74% plummet from its peak.

The coin’s market capitalization remains substantial, with a fully diluted valuation of around $2 billion (80% of the tokens are held by Trump Organization affiliates).

SkyBridge Capital founder Anthony Scaramucci — a Trump ally-turned-critic — is calling out the president for what he alleges is a pump-and-dump scheme.

“President Trump posted on Truth Social last night in an attempt to ‘pump’ his $TRUMP memecoin (yes that’s a real sentence that many have normalized),” Scaramucci posted Saturday on X. “The result has been an acceleration of the ‘dump,’ now down 70% from its peak. The jig is up.”

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Author: Anthony Patrick

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