Trump same corner jumps 4.27%, exceeds Bitcoin, Ethereum and Dogecoin, but it is still not close to the common units of January – Bitcoin Mini Trust (BTC) of undivided fractional interest (Arca: BTC)

THE Official trump (Trump) Coin jumped 4.27% in the last 24 hours, reaching $ 18.50, with a market capitalization of $ 3.7 billion. Despite this short -term rally, Trump remains down 75.36% compared to its $ 75.35 summit set on January 19.

What happened: This dramatic drop follows a volatile market phase, where it lost 42% of its value in the last week.

The same part, originally launched by CIC DigitalA group linked to the president Donald TrumpThe campaign has reached an astonishing market capitalization of almost $ 75 billion in the days following its launch.

However, its dazzling increase was equaled by strong decreases, because investors are faced with uncertainty in the mid -market conditions and recently Price ads by Trump.

Despite volatility, Trump still managed to maintain his position as one of the main parts of memes, even after falling from the 14th to 32nd in the classification of market capitalization, according to has Coinmarketcap.

At the time of writing the editorial staff, Trump was the second most efficient piece behind the FTX token (FTT), according to CoinmarketCap data. Trump overtaken Bitcoin BTC / USD,, Ethereum ETH / USDand even-king Mastiff DOGE / USD over a 24 -hour period.

See also: Stocks bounce back, Google Eyes Worse decrease in one year, Gold breaks fresh records: what are the markets lead Wednesday?

Why it matters: The room also started to see cases of real world use, with online merchants and travel websites like work accepting Trump as Payment by Solana Pay.

The involvement of the initiates linked to CIC Digital, who control a large part of the supply of the part, has raised concerns concerning the potential market manipulation and its Impact on price stability.

Action: Trump’s official play is currently at a price of $ 18.50, up 4.09% in the last 24 hours. It has experienced a significant increase of 171.24% since its creation, according to has Coinmarketcap.

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Non-liability clause:: This content was partially produced with the help of AI tools and was examined and published by Benzinga Editors.