TRUMP coin down 93%

President Donald Trump’s official $TRUMP meme coin was trading around $2.25 on May 16, according to CoinGecko and CoinMarketCap, leaving the token down about 97% from its January 2025 all-time high. Market trackers listed the coin’s peak between roughly $75 and $76 on January 19, 2025, a day after launch, and showed the token near fresh lows this week. The move undercut social-media claims that the coin had fallen 93% in the last 48 hours. The larger verified decline is from the token’s 2025 high to its current price. CoinMarketCap showed 24-hour trading volume above $227 million on May 16, while the token’s market capitalization stood a little above $520 million. The coin remains actively traded even after most of its post-launch value has evaporated. ### Did $TRUMP really fall 93% in two days? May 16 price data does not support that claim. CoinMarketCap’s historical table showed $TRUMP closing at $2.375 on May 14 and trading near $2.20 to $2.25 on May 16, a move of only a few percentage points over that span. CoinGecko and CoinDesk both showed the same broader picture: the token has lost the vast majority of its value since January 2025, not in the last 48 hours. CoinMarketCap put the drawdown from the all-time high at 97.08%, while CoinGecko’s live page showed a similar price near $2.25. ### Where did the all-time high come from? January 19, 2025 was the key date. CoinMarketCap listed $75.35 as the all-time high for the token, and other market trackers put the peak in the mid-$70s to low-$80s, depending on the exchange and timestamp methodology. The token launched into a burst of retail trading and political branding tied to Trump. Third-party exchange pages and project descriptions linked the coin to Trump’s “official” meme branding, but the market data now shows that early spike did not hold. ### Who controls most of the supply? CoinMarketCap and other market-reference pages said 1 billion $TRUMP tokens exist in total, with about 237.41 million currently circulating. Those same pages said the remaining 800 million tokens are held by CIC Digital LLC and Fight Fight Fight LLC, two Trump-linked entities, and are subject to a multi-year release schedule. Senate Democrats including Elizabeth Warren, Adam Schiff and Richard Blumenthal said in an April letter that CIC Digital LLC and Fight Fight Fight LLC collectively own 80% of the token supply and receive trading revenue from $TRUMP activity. Their letter cited the concentration of ownership as part of a request for information about the project. ### What else moved the coin this year? April 23, 2025 was one of the biggest recent catalysts. CNBC and Politico reported that the token jumped after the project’s website offered a dinner with Trump to top holders, with a reception for the top 25 and a White House tour the next day. That promotion showed how event-driven the token’s price can be. CNBC reported the coin rose more than 50% after the dinner announcement, even though the longer-term trend remained sharply lower than the January 2025 peak. ### What should traders watch next? Tokenomist and Messari both show more $TRUMP supply scheduled to unlock over time, with the vesting calendar extending into 2028. As of mid-May 2026, Tokenomist said about 23.74% of supply had been unlocked. Future unlock dates, daily trading volume and disclosures from CIC Digital LLC and Fight Fight Fight LLC are the next concrete markers for the token. CoinMarketCap, CoinGecko and vesting trackers continue to publish live price, circulating supply and unlock data for $TRUMP.