2026-2-11 14:30 |
The OFFICIAL TRUMP memecoin has plunged to lows of $3.28 today, with losses extending downside pressure.
After trading to dizzying highs following its launch and ahead of Trump’s inauguration, the memecoin has slowly lost momentum.
Losses in the past month put TRUMP at risk of dipping to a new all-time low as broader fatigue in the market hits the speculative memecoin sector hard.
OFFICIAL TRUMP memecoin continues sell-offMemecoins continue to struggle, with CoinMarketCap data showing the segment is down 33% in the past month.
The drop to about $29 billion in market cap has coincided with an 18% decrease in overall trading volume.
While TRUMP and other top memecoins are attempting a rebound, most are sharply in the red over the period.
TRUMP coin price chart by TradingViewThe token was trading at $3.28 on Tuesday, extending its decline from levels around $5.80 in mid-January 2026 and underscoring the broader downtrend from its all-time high of $75 in January 2025.
Fading investor enthusiasm and the wider market sell-off have erased more than 95% of the gains recorded at that peak.
More recently, Standard Chartered cut its 2026 price target for Solana to $250, while raising its 2030 projection to $2,000.
Analysts at the bank said a potential driver of longer-term growth would be a shift away from memecoin dominance on the network toward stablecoin-based micropayments.
TRUMP price forecast: Can bulls bounce?On Feb. 10, 2026, following the drop from above $4.2, bulls have shown resilience around $3.25-$3.30.
Yet, trading volume remains subdued, down 22% in the past 24 hours and under $64 million.
This suggests reduced retail frenzy and no major rotation from top altcoins or Bitcoin, which is often the case as traders chase speculative gains.
It’s not just TRUMP. A largely fading memecoin hype has also hit top tokens in the sector.
Dogecoin, Shiba Inu, Pepe, and Pudgy Penguins have all shed double digits in the past week, showing no notable rebounds as BTC and ETH struggle.
DOGE is down to $0.093, SHIB to lows of $0.0000059 and PEPE to under $0.0000037.
The TRUMP token is being pummelled amid this sector-wide pressure.
Yet, bulls could eye a potential technical breakout, with $3.50 offering the immediate resistance level.
This outlook might get support from lingering political narratives, in which case supply zones lie next around $10 and $15.
However, sentiment indicators currently point to the downside path as one that offers the least resistance.
If the aforementioned support level caves in, a drop below $3.00 will allow bears to target $2.00. The all-time low for TRUMP is $1.21.
The post TRUMP coin price drops below $3.30 amid fading memecoin hype appeared first on Invezz
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