Official Trump is biggest loser in crypto top 100 amid Musk feud
The Official Trump (TRUMP) token is now the worst-performing cryptocurrency among the top 100 by market capitalization, as an increasingly bitter public feud between US President Donald Trump and tech billionaire Elon Musk spills over into crypto markets. According to data retrieved by Finbold research from CoinMarketCap, TRUMP’s market cap plummeted from $2.168 billion to $1.935 billion over the past 24 hours, erasing $233 million in value. At the time of writing, TRUMP is trading at $9.66, down 10.74% on the day and 15.58% over the past week. Official Trump biggest loser among top 100 cryptocurrencies. Source: CoinMarketCap The sell-off comes amid a dramatic surge in trading activity. 24-hour volume soared to $876.85 million, up 211.87%, as traders rushed to position around the fallout from Trump and Musk’s increasingly personal public spat. Politics and crypto collide The rift between Trump and Musk, once unlikely allies, went viral after Musk publicly c...