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Meme Tokens TRUMP and MELANIA Drop Over 90% From 2025 Highs

Trump Family Crypto Meme Coins Sink From Highs; $4.3 Billion Retail Losses, $600 Million Insider Gains Reported

Written By : Kelvin Munene
Reviewed By : Atchutanna Subodh

TRUMP and MELANIA, two Trump family–linked memecoins, have posted deep drawdowns from their early-2025 peaks. CryptoRank estimates that the decline erased billions in retail value, while it links hundreds of millions of dollars in proceeds to insiders through fees and token sales.

TRUMP Token and MELANIA Drop From 2025 All-Time Highs

According to CoinMarketCap data, TRUMP  token price was near $3.52, and MELANIA is at $0.117 on February 21, 2026. CoinMarketCap also shows TRUMP down about 95% from its all-time high and MELANIA down about 99% from its all-time high.

TRUMP coin fell from an all-time high of $75.35 on January 19, 2025. The token has since retraced to the low single digits. CoinMarketCap lists a 24-hour range of about $3.47 to $3.78.

At the same time, MELANIA reached an all-time high of $13.73 on January 20, 2025. It now trades near $0.117, with 24-hour volume near $13.17 million. CoinMarketCap lists the circulating supply near 1.0 billion tokens.

Retail Investor Losses Top $4.3 Billion as Insiders Collect Fees

A CryptoRank report noted TRUMP and MELANIA sit about 92% and 99% below their January 2025 highs. It also places TRUMP near $3.55 and MELANIA near $0.11 in its snapshot.

The CryptoRank report estimates retail losses above $4.3 billion across nearly two million wallets that sit underwater. It also states that insiders generated more than $600 million through fees and token sales. CryptoRank includes a loss-to-gain ratio and writes, "For every dollar insiders earned, ordinary investors lost $20.”

CryptoRank also flags a longer-dated supply issue. It estimates that about $2.7 billion in insider tokens remain locked until 2028, and it reports that 45 whale wallets realized about $1.2 billion in profits. 

Also Read:  Binance Expands Trading for Trump-Linked USD1 Stablecoin

Meme Coin Volumes Slide as Launchpads Adjust User Incentives

CoinMarketCap’s weekly recap indicates a total meme coin market cap near $30.73 billion, down about 0.3% week over week. The recap also notes a roughly 24% drop over 30 days. Trading volumes fell nearly 52% over the same 30-day stretch, based on CoinMarketCap data cited in the report.

On Solana, the recap cites Dune Analytics and says meme launchpads processed mostly sub-$100 million daily volume during the week. It contrasts with January peaks above $180 million.

The recap also tracks product changes. Zora launched a Solana-based “attention market” launchpad on Feb. 17, and it described trading around trending topics and memes. Meanwhile, Pump.fun announced a fee-sharing update on Feb. 17 and said users can decide whether to reward creators or traders. The recap adds that the launchpad generated nearly $32 million in fees in January, citing DeFiLlama.

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