Odaily News Over the past 24 hours, the decline in the entire cryptocurrency market has further reduced Trump's token TRUMP, which has fallen by 75% from its peak. Trump issued the token a few days before his swearing-in ceremony on January 20, and it is the first "meme coin" officially recognized by a sitting US president. An analysis by CoinDesk shows that in less than 48 hours after its launch, the market value of the token soared from zero to a peak of $14 billion, although most retail traders lost money on the token. Trump has continued to voice support for the token on his social media platforms, however, the market response has not been as enthusiastic as expected. As of Sunday morning local time, the price of the Trump Token had fallen to a low of $19.09. (Jinshi)