The TRUMP Coin Just Hit an All-Time Low, Down 98% From Its Peak. Will TRUMP Coin Ever Go Back Up?

Official Trump (CRYPTO:TRUMP), commonly known as the TRUMP coin, plunged to an all-time low of $1.12 on November 8, 2026. It trades at $1.14 as of mid-morning, down 4% over the past 24 hours, and the low marks the bottom of its 30-day, 90-day, and one-year price ranges.

TRUMP is a meme coin, a token with no revenue whose price depends on attention and demand. It now trades about 98% below its $73.43 all-time high from January 19, 2025, after a 30.8% drop over the past week and a 76.3% decline since the start of 2026. So what caused the latest drop, and is there hope for a recovery?

Democrats Won Congress, and TRUMP Lost Its Political Premium

The latest downturn followed the U.S. midterm elections. With Democrats taking control of both the House and the Senate, the TRUMP coin fell 17% after the results, as our November 4 report showed. Traders are now wary of more scrutiny of the president’s crypto dealings, which led them to sell the asset most closely linked to his name.

The downturn hit every Trump-related investment. Trump Media & Technology Group (NASDAQ:DJT) also fell to an all-time low as Republicans lost their congressional majority. The TRUMP coin is grouped with PolitiFi and other Trump-affiliated tokens, politically themed cryptocurrencies that repriced lower together. The president’s crypto ties also include his disclosed trades in crypto-linked stocks.

On November 6, the Trump-backed World Liberty Financial announced a buyback program for its governance token. In a buyback, a project uses its cash reserves to purchase its own tokens on the open market. However, the TRUMP coin still hit its all-time low two days later, so the buyback didn’t calm the sector.

TRUMP Coin’s Price Has Slid Since Its 2025 Launch

The TRUMP coin’s price history shows a steady downward trend with only a few brief rallies.

• It launched on January 17, 2025, and reached $73.43 two days later.
• In April 2025, the project promised its top holders a dinner with the president, and the price surged on the news.
• It still traded at $8.85 on November 10, 2025, its one-year high.
• Its last notable rally peaked at $2.74 on August 28, 2026, before the coin fell to a low of $1.12 on November 8.

TRUMP Fell 30.8% in a Week While Pepe Climbed

The TRUMP coin trades below its 20-day average of $1.56, its 50-day average of $1.81, and its 200-day average of $1.90, each the mean closing price over that period. Since the coin is now at its one-year low, most people who bought in the past year hold a loss, and those holders tend to sell into any rebound.

TRUMP’s 24-hour trading volume reached $105.9 million. The heaviest selling came during early European trading as the price fell to its lows today, and buyers then pushed it back to $1.14, but on far lower volume.

Over the past week, Bitcoin (CRYPTO:BTC) fell 3%, Ethereum (CRYPTO:ETH) fell 6%, and Dogecoin (CRYPTO:DOGE) dropped 6.3%. In contrast, Pepe (CRYPTO:PEPE) climbed 13.2%, extending its run while older meme coins struggled. Ethereum also fell 4.6% over 24 hours, more than TRUMP’s 4%, so TRUMP’s daily drop looks ordinary while its weekly loss stands out.

That gap shows how TRUMP’s demand is tied to the political landscape, while other meme coins run on general market interest. Pepe even climbed through a hacker’s sell-off, while the midterm result hit TRUMP directly.

Most of TRUMP’s Supply Hasn’t Reached the Market Yet

Only 281.9 million of the 1 billion TRUMP coins are in circulation, giving it a market cap of $321.5 million. Its fully diluted valuation, the value of every token that will ever exist at the current price, stands at $1.14 billion. That gap means more supply could enter the market and push the price down further.

At launch, the project sold 200 million tokens to the public. Two Trump-owned companies, CIC Digital LLC and Fight Fight Fight LLC, hold the rest, and most of those tokens are locked under a three-year vesting plan that releases them gradually. The project’s limited disclosure on when the next batch will reach the market adds uncertainty for outside holders, a dilution risk our long-range TRUMP outlook also flags.

Past meme coins offer little hope. Dogecoin remains 90.4% below its May 2021 all-time high, and Pepe is 81.2% below its December 2024 peak, despite recent gains. Both coins have recovered somewhat, but neither has returned to its high.

Will TRUMP Coin Ever Go Back Up?

A return to $73.43 looks highly unlikely, though a short-term rebound could still happen. The TRUMP Coin Club’s dinner on November 22 for the top 185 wallets, ranked by time-weighted balance, could help in the near term. Scoring ends on November 12, and because time-weighted balance rewards longer holding, those wallets have a reason to keep their tokens until then.

The first test comes once scoring ends. If the TRUMP coin holds above its $1.12 all-time low after November 12, that would suggest the dinner holders aren’t selling, and a rise toward its $1.56 20-day average, about 37% higher, could follow. If it closes below $1.12 after that date, the last committed buyers are likely leaving, and the coin could keep falling until new buyers step in.

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