Investment
Features
FeesSafety
Academy
More
Pluang+

Memecoins plunge as TRUMP token drops 90%, whales buy but retail demand stays weak

Market News
12 Apr 2026
AMBCrypto
View Source
Bearish
pluang ai news

Memecoins suffered major losses with market cap falling from $83 billion to $31 billion amid broad market weakness. The TRUMP memecoin dropped over 90% from its peak, though large holders (whales) bought $5.6 million worth, signaling some confidence. However, retail demand remains weak and futures traders continue heavy selling, causing sustained downward pressure. The price may test lower support levels unless broader market demand improves beyond whale accumulation.

More News (TRUMP)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App