Research:  Over 60% of Trump Meme Coins Are Dead

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Trump-themed meme coins flooded the market in early 2025, riding the wave of political momentum. But just months later, most of them crashed in price, lost liquidity, and were abandoned by traders.

Cryptonews analyzed Trump-related tokens and found that the vast majority have already failed. The Trump meme coin market shows how risky and messy political crypto can be — with coins rising and crashing fast, and signs that insiders might be cashing out.

58.5% of the tokens also recorded less than $1,000 in trading volume over the past 30 days — a sign of fading trader interest. Most Trump meme coins are traded on decentralized exchanges (DEXs), where a single token can be split across multiple liquidity pools.

Our analysis shows that 63% of Trump-themed meme coins have fallen more than 90% from all-time highs (ATH).

Over Half of Trump Meme Coins Have Lost 90% From Their ATH

This pattern is less visible in larger tokens like Official Trump (TRUMP), which maintains more consistent trading activity. One example is TRUMP MAGA (MAGA), which was launched in the middle of the U.S. presidential campaign season. According to GeckoTerminal, its trading volume peaked in December and January, averaging around $105 million per month.

A token’s trading volume might reach several million in one month and fall to just a few thousand the next.

This setup often results in wild swings in both volume and liquidity. A boom-and-bust pattern is common and is often driven by social media hype and speculative trading.

Abbass Abdul Sater, Head of Sales at Capital.com, told Cryptonews what affected the price of Official Trump: "The coin soared in value almost immediately, drawing in Trump supporters, speculators, and curious retail investors. But the excitement didn’t last long—within weeks, $TRUMP had lost nearly half its value. Reports pointed to insider sell-offs at the top, fueling accusations of a pump-and-dump scheme. With no real utility behind the token, many began to question whether the coin was ever more than a flashy fundraising tactic."

By March 1, the volume had declined to $59.3 million, and by April 1, it dropped to $5.9 million. This represents a decrease of approximately 94.38% over that period.

The U.S. presidential inauguration took place in January, which likely contributed to the spike in token launches. On Jan. 17, Official Trump was deployed and remains one of the most actively traded Trump-related tokens to date.

Most Trump-themed meme coins were launched in Q1 2025, particularly in January and February. This timing highlights the strong influence of political context on their creation.

Q1 2025 Sees Spike in Trump Meme Coin Launches

But despite the flurry of new tokens, none managed to capture the same momentum. The trend spilled into March, yet the coins launched that month struggled to draw the kind of attention or trading volume seen in January.

The frenzy kicked off in early January, just ahead of Donald Trump’s inauguration, and quickly turned into a gold rush. February brought more of the same, as traders tried to mimic the success of Official Trump.

Official Trump hit its all-time high of $75.35 on Jan. 19, at the peak of public interest. While the token still sees relatively strong trading activity, its price has fallen to $7.80 as of April 8 — a nearly 90% decline.

The Trump meme coin trend has shown to be highly sensitive to political sentiment and headline events.  The first quarter of 2025 saw a surge in new token launches, especially in the run-up to Donald Trump’s inauguration. But while the hype was real, staying power wasn’t.

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