The TRUMP cryptocurrency has reached new all-time lows, losing most of its value within a month due to ongoing US tariff wars.
Bearish market conditions have exacerbated the downturn, leading traders to favor short positions over long bets. Funding rates have also hit their lowest since mid-January.
A drop in price stability has fueled negative sentiment, with technical indicators like the Relative Strength Index remaining below neutral levels.
TRUMP's price slid to $14.29, an 11% drop in 24 hours. A continued downturn may see it fall below $10. Recovery seems unlikely without market intervention.