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Cryptocurrencies endorsed by President Trump since 2025 have dropped 60% on average, warning buyers to be cautious.

Market News
03 Nov 2026, 12:00 WIB
The Motley Fool
View Source
Neutral
Cryptocurrencies endorsed by President Trump since 2025 have dropped 60% on average, warning buyers to be cautious.

Since taking office in 2025, President Trump has endorsed eight different cryptocurrencies. However, these cryptocurrencies have fallen by an average of 60%, signaling significant losses for investors who followed his endorsements. This highlights the risks of investing based on political endorsements and suggests buyers should exercise caution when considering these assets.

The company behind the New York Stock Exchange is the subject of this story, with Pluang market data providing context for cryptocurrency investors. As of Nov 03, 2026 16:41 WIB, out of 50 major cryptocurrencies on Pluang, only 7 rose while 42 fell. Notable movers include SAND (The Sandbox) at Rp798 with a 4.11% decline and a typical hold time of 124 days, COTI at Rp177 down 4.02%, and LUNC (Terra Classic) at Rp0,731 down 3.93% with a 196-day hold time.

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