The official Solana-based meme coin associated with former President Donald Trump, Official Trump (TRUMP), has crashed to its lowest price since its launch in early 2025. Early Tuesday, March 10, 2026, the token fell to approximately $2.87, marking a staggering decline of more than 96% from its all-time high of $73.43, which was reached just before Trump's second term began in January 2025.
This collapse starkly contrasts with a broader crypto market rebound, where Bitcoin rose to $70,137 and Ethereum to $2,041. The TRUMP token is down around 1% on the day and has fallen more than 15% over the past week, decoupling from the positive market trend.
The token's decline coincides with deteriorating sentiment toward the president. Prediction markets on the Myriad platform show Trump's disapproval rating has climbed to 58%, a shift from nearly even odds just a week prior. This aligns with traditional polling averages, which show a disapproval rating around 54.8%.
Geopolitical instability, particularly the ongoing conflict with Iran, is cited as a key factor. While Trump stated the conflict was "very complete, pretty much," he later issued threats regarding oil flows, warning of "death, fire, and fury" if Iran halted the resource. This volatility appears to be punishing assets directly tied to his political brand.
Another Trump-connected asset, the World Liberty Financial token (WLFI), recently touched a new trading low of $0.094 over the weekend. While it saw a slight 1.4% recovery to $0.10, it remains 69% below its all-time high. The DeFi protocol behind WLFI has faced scrutiny over a $500 million investment from the UAE and recently held a conference at Trump's Mar-a-Lago estate.
Technical analysis suggests the TRUMP token has broken key support levels, with market sentiment firmly bearish. The price is expected to continue trading sideways or downward unless the geopolitical news cycle stabilizes, with traders watching to see if the $2.80 level can hold.
