Key Highlights
- Trump-linked tokens saw sudden 15-minute red candles, signaling fast intraday selling pressure after a volatile session.
- CryptoRank data shared by SolanaFloor says TRUMP and MELANIA are down about 92% and 99% from their all-time highs.
- WLFI held near $0.116, while TRUMP and MELANIA stayed active but narrative-driven after the Supreme Court tariff setback.
The U.S. Supreme Court dealt a major blow to President Donald Trump’s tariff strategy on Friday, ruling 6–3 that his administration exceeded its authority by using the International Emergency Economic Powers Act (IEEPA) to impose sweeping global duties.
While the court ruling is a macro-political headline, price action in Trump-linked tokens is showing a familiar pattern: fast reaction moves, weak follow-through, and heavy intraday volatility.
To be blunt, WLFI, OFFICIAL TRUMP (TRUMP), and Official Melania Meme (MELANIA) all have begun to show immediate red candles on the chart after the court verdict was announced.
15-minute charts show sudden red candles
According to data from CoinMarketCap, both TRUMP and MELANIA tokens saw sharp red candles on the 15-minute timeframe, a sign of sudden selling pressure during intraday trading.
- TRUMP (around $3.56) showed a quick run-up followed by a steep drop in 15-minute candles before stabilizing. The trading volume has also increased a lot, with 121% jump to $200 million in the last 24 hours, mainly through recent trading activity.
- MELANIA (around $0.1198) also spiked higher and then printed multiple red candles as the move faded. The volume has jumped 25% to $13.85 million.
That kind of structure usually points to panic selling, where traders react to negative news and exit quickly to stay away from the token.
Losses from ATH remain the bigger warning sign
Data gathered from the CryptoRank adds a stronger bearish context to the tokens. As a social media post highlights that, Trump family-linked memecoins:
- TRUMP is down about 91.8%–92% from ATH
- MELANIA is down about 98.8%–99% from ATH
The same post also claimed insiders extracted more than $600 million in fees and token sales, while retail holders face multi-billion-dollar losses. Those figures are circulating widely on social media, but they should be treated as third-party claims unless independently verified.
Even without relying on those claims, the drawdowns alone are enough to show how fragile narrative tokens can become once momentum cools.
Why this can turn into a bearish setup for WLFI
For World Liberty Financial (WLFI), a token that trades heavily on political narrative, this kind of headline is a direct political setback that can weaken speculative “Trump trade” momentum.
WLFI was trading around $0.116 according to CoinMarketCap, with roughly $120M 24-hour volume and a market cap near $3.1B. However, price action remained soft and lacked strong follow-through.
Bottom line
The Supreme Court tariff ruling has added pressure to the broader Trump-token trade. Intraday charts suggest traders are using volatility to rotate rather than build positions. With TRUMP and MELANIA still deeply below ATH levels and WLFI holding flat near $0.116, the market is treating this as a fast-moving sentiment story, not a long-term re-rating.
Also Read: Democrats Demand Probe into Trump-backed World Liberty Fi for UAE-Ties
