CryptocurrenciesMonday's sharp decline in the market made itTrumpOfficial (Trump) officials have made a special effort. 

While the broader market wrestled at a rate of about 10%, the Trump coin fell 18% in 24 hours due to global financial turmoil with the newtariffand the broader sell-off related to the global financial turmoil, trading around $7.41.

Why is Trump's token crash worse than the market?

The coin is still down about 90% from its all-time high of nearly $75 in January, facing specific selling pressures from general market woes. LookonchaiChain data found by n shows that a major whale known as "Traderpow" abandoned $309,514 of Trump (worth about $2.63 million).

Surprising losses:The whale, which had previously made $22.7 million in Trump's $22.7 million profit, sold the lot at a staggering $14.06 million loss. Such a move by previously successful large holders can make the meme acidify market sentiment.

Relative:ETHPrices April 8: What level matters after Monday's market crash

Does the Big Token Unlock Add to the Concerns?

The pressure on the Trump token may soon increase further. A major token unlock is planned for April 18, which will release 40 million Trump tokens from vesting. 

At current prices, about $360 million of potential new supply is on the market, which could weigh heavily on prices.

Trump token fundamentals are questionable

Critics argue that Trump's token value has always been closely tied to Donald Trump's political clout rather than strong fundamentals, suggesting that the early popularity was driven more by hype. 

Even a recent tweet by Trump himself did not trigger a price increase, so some investors were frustrated, the report said.

Broader markets and Trump comments

The broader market certainly didn't help Trump's tokens. In the past day,BitcoinIt fell by about 10%, and Bitcoin was below $77,000 (briefly touching $77,500) amid the volatility triggered by Trump's tariff announcement. 

Relative:The Trump Effect Part 2? XRPEye: We disclosed our government disclosure before 33%.

Regarding the crash, President Trump said, "I don't want anything to fall. But sometimes you have to take medication to fix some problems. We will once again be a rich country, never before and now. ”