DJT (TrumpCoin), a meme token not officially associated with Donald Trump, has seen a drastic price drop of 90.8% in just three hours, reaching a low of $0.0001203. Despite this decline, trading volume increased significantly to $1.79 million, indicating heightened interest from investors. The broader cryptocurrency market has also been volatile, influenced by negative global economic factors and concerns about tech earnings and employment data. Confusion surrounding DJT’s origins, including claims of involvement by controversial figure Martin Shkreli, has led to speculative trading and uncertainty among investors. Meanwhile, other Trump-themed meme coins have performed better, with MAGA (TRUMP) rising nearly 20%, while Kamala Horris (KAMA) faced a 12.4% decline over 24 hours and a 43% drop over the past week, despite efforts by Harris to engage with the crypto sector.
