The TRUMP memecoin hit a record low of $1.22. It is now 98% below its January 2025 peak
The Solana token fell 12.6% in two hours on November 4 as trading volume more than quadrupled, CoinGecko's data shows. Its 24-hour volume is now larger than its whole market value.
Key points
- CoinGecko recorded an all-time low of $1.22 for Official Trump (TRUMP) at 12:53 p.m. ET on November 4, 2026.
- At 12:47 a.m. ET on November 5 the token traded at $1.26, down 17.6% in 24 hours, 37.7% in 30 days and about 98% from its $73.43 record.
- Its 24-hour trading volume of $416.2 million was larger than its market cap of $354.9 million. Only 28% of the 1 billion token supply is in circulation.
What happened
Official Trump, the memecoin sold under Donald Trump's brand on the Solana blockchain, set a new all-time low on November 4, 2026. CoinGecko lists the record low as $1.22, reached at 12:53 p.m. ET.
At 12:47 a.m. ET on November 5 the token traded at $1.26. That is a fall of 17.6% in 24 hours, 25.5% in seven days and 37.7% in 30 days, according to CoinGecko. Over one year it is down 82.1%.
A memecoin is a token driven by a brand, joke or community rather than by cash flows. The project's official site is gettrumpmemes.com. CoinGecko lists the token on Solana under the contract address beginning 6p6xgH and ending GiPN. Copies with the same name exist, so the contract address is the only reliable check.
Timeline
TRUMP sets its all-time high of $73.43 (CoinGecko)
Trades at about $1.59, with 24-hour volume near $93.4 million
About $1.42, down from $1.59 the evening before
Record low of $1.22
About $1.24, down 12.6% from 11 a.m.
$1.26, with 24-hour volume at $416.2 million
The numbers
The sell-off came with a rush of trading. CoinGecko's rolling 24-hour volume rose from about $93.4 million at 7 p.m. ET on November 3 to $416.2 million by 12:47 a.m. ET on November 5, about 4.5 times as much.
That volume is now bigger than the token's entire market cap of $354.9 million. Put simply, more than the full value of all circulating TRUMP changed hands in a day. CoinGecko ranks it 122nd by market cap.
TRUMP price, CoinGecko readings
US$
Source: CoinGecko
Most of the supply is not trading yet
CoinGecko shows a circulating supply of about 281.9 million TRUMP out of a maximum of 1 billion, or 28%. The other 72% is outside circulation. At the current price, CoinGecko puts the fully diluted value (the value if every token existed and traded) at $1.26 billion, about 3.5 times the market cap.
A low float like this is a known risk for any token: when locked tokens are released, new supply reaches a market that is already falling. We could not confirm the release dates from a primary source in this session, so we do not list them here.
A different day from the rest of the market
The drop came on a day when large coins rose. Over the same 24 hours, CoinGecko showed bitcoin up 3.4% and ether up 5.5%. TRUMP was the biggest 24-hour loser among the 250 largest coins on CoinGecko's list when we checked.
We found no statement from the project or any primary source that explains the timing of the fall. Media reports offered reasons, but LC Insight does not repeat causes we cannot verify against primary sources.
LC Insight analysis
This section is our reading of the facts above, not a statement of fact.
- We think the volume matters as much as the price. A day's trading worth more than the whole market cap usually means holders heading for the exit at the same time, not a quiet drift.
- Brand-led memecoins have no earnings to fall back on, so the price depends on attention. The likely result is that moves stay large in both directions while 72% of the supply has yet to circulate.
- Fake tokens with the same ticker are common after big moves. Checking the contract address on CoinGecko before any trade is basic protection, not advice to trade.
What's next
- Whether TRUMP holds above the $1.22 record low
- Daily volume: a fall back toward $100 million would suggest the selling has eased
- Any official statement from the project on supply releases
Disclaimer. This article is based on public information and the sources listed below as of the update time shown. It is for information only and is not investment, legal or tax advice. Figures may change as companies and authorities publish new data.
