Trump made a strong rally after the launch. However, he has experienced a great decline since then. Although Donald Trump had official crypto currency, interest between the crypto community has decreased. In addition, Trump’s performance has deteriorated with tariff decisions and triggered the collapse of the global crypto market. While the sense of market shifts to fear, investors are worried that the price of breast coin will fall to $ 5.
The Trump price collapsed after Trump’s tariff announcement!
Kriptokoin.comAs you have followed from Trump’s decline is not a new news, especially when it is considered to be 85 %below from the $ 75.35 summit. As you may recall, this breast coin made a great start. However, inner trading, conflicts of interest, etc. As the debate increased, his popularity fell.
Therefore, Trump Token is faced with a constant price decrease trend. The latest Trump tariff news intensified the decline tendency. Thus, the Trump price fell 17 %immediately after the announcement. Even now, it holds the dominance of bears. Token is traded for $ 9.30. Interestingly, the transaction volume increased by 106 %to $ 833.24 million. This points to the high investor activity.
Trump price graph. Source: coinmarketcapWill the breast coin price fall for $ 5?
Trump Coin’s performance has been on the agenda of the crypto world since its release. After being released until a similar collapse, he made an increase of 2,000 %. However, the demand for this breast coin, which was once popular, fell significantly.
Several experts are connected to the 2021 breast coin frenzy, where Trump Breast Coin price first provides big profits to investors and then brings a nine -month -down trend. More importantly, regulatory problems still affect this token’s performance, especially considering the last decline.
Popular crypto analyst Ali Martinez says that if he loses token’s $ 10 support, he may fall to $ 5. Interestingly, Token has already fallen from this level and the next support is at $ 8.20 and $ 7.50.
If the downward trend continues below $ 7.50, there is nothing to stop free fall. Thus, Trump breast coin price may drop to $ 5. However, the US President may affect the price of Trump, as he did before.
Source: Ali Martinez
