The crypto market has seen significant fluctuations this week, with meme coins experiencing both losses and gains while new projects continue to attract investor interest. The Official Trump ($TRUMP) coin has suffered a sharp 32% decline, reportedly triggered by new tariffs introduced by U.S. President Donald Trump. This drop has contributed to a broader sell-off in politically themed tokens, raising concerns among traders.
Meanwhile, Dogecoin (DOGE) saw a 5% price increase, drawing attention amid speculation that Elon Musk’s recent regulatory threats could influence market sentiment. Despite this short-term gain, DOGE’s trading volume remains lower, leaving uncertainty about its momentum.
On the other hand, BlockDAG (BDAG) is gaining traction, surpassing $193 million in presale funding. Its 5% cashback incentive has drawn in investors, strengthening community engagement. As the market navigates these shifts, traders are closely watching developments that could shape the next phase of crypto trends.
TRUMP Coin Drops 32% in a Week
The Official Trump (TRUMP) coin saw a sharp 32% decline over the past week, causing concern among traders. Many attribute this drop to new tariffs imposed by U.S. President Donald Trump, which led to a broader sell-off in politically themed meme coins.
This market reaction highlights how external policy changes can impact crypto trends. While some investors believe TRUMP coin could recover if trade tensions ease, others worry about continued volatility.
DOGE Price Rises 5% Amid Regulatory Speculation
Dogecoin (DOGE) experienced a 5% price increase, drawing attention from traders. The rise coincided with Elon Musk’s comments regarding potential federal action against individuals targeting DOGE-related projects.
Despite the price boost, trading volume for DOGE has dipped by 43%, raising questions about whether this momentum can be sustained. Some traders see potential for further growth if additional positive news emerges, while others remain cautious about long-term prospects.
BlockDAG’s Presale Crosses $193 Million
While meme coins fluctuate, BlockDAG (BDAG) continues to gain interest in its presale phase, surpassing $193 million in total sales. The project’s 5% cashback incentive has attracted new investors, reinforcing community engagement.
The presale has seen significant participation, with 18.3 billion BDAG tokens sold at a price of $0.0248 per coin. The affiliate program allows holders to earn USDT rewards for referrals, encouraging further adoption.
With the presale progressing quickly, analysts predict strong demand leading up to the mainnet launch later this year. Investors looking for early-stage opportunities are taking note as BlockDAG’s presale moves closer to its funding goal.
Market Overview: A Week of Highs and Lows
The crypto market remains dynamic as the TRUMP coin’s drop reflects policy-driven volatility, DOGE’s price rise fuels debate, and BlockDAG’s presale continues gaining traction. As market trends shift, traders are watching closely for the next major development.