Official Trump Loses $100 Million in Capitalization Due to US Strike on Iran
Date: 2025-06-24 Author: Gabriel Deangelo Categories: BUSINESS
The Official Trump (TRUMP) cryptocurrency has experienced a significant decline in market capitalization in recent days, losing more than $100 million due to the US bombing of nuclear facilities in Iran and the threat of impeachment of President Donald Trump. According to CoinMarketCap, before the strikes of the American B-2 bomber on June 21, the token's capitalization was about $1.867 billion. By June 22, this figure had already dropped to $1.67 billion, which means a drop of more than 10%.
Despite a slight recovery in value to $1.73 billion, the crypto asset continued to experience pressure and recorded losses. The price of the TRUMP token is currently around $8.66, down 14.32% over the past week and almost a third below its monthly high. These fluctuations once again confirm the high volatility that is typical for political tokens.
In contrast, Bitcoin, despite falling to around $101,400, has strengthened its market share. Investors prefer decentralized digital assets, which are considered more reliable, in the face of geopolitical uncertainty.
It is also worth noting that with a fully diluted valuation, the Official Trump token reaches $8.66 billion. However, there are currently only 200 million out of a maximum of 1 billion coins in circulation, which creates a large gap between the current supply and the potential release. Expected future unlocks of new coins may further reduce the token price.
Thus, the influence of political events and military conflicts significantly affects the value and capitalization of cryptocurrencies, especially those associated with well-known political figures.
