From The Motley Fool · Jeff Siegel · · 1m 10s
Trump Endorses 8 Cryptocurrencies, Average Down 60%
Trump's crypto endorsements have dropped 60% on average since 2025.
In brief
Trump's crypto endorsements have dropped 60% on average since 2025. President Trump's cryptocurrency endorsements have declined 60% on average since 2025, with recent gains evaporating quickly. Originally reported by The Motley Fool.
Trump's crypto endorsements
President Trump has endorsed eight different cryptocurrencies since taking office in 2025.
Average price decline
Eight endorsements followed by an average price decline of 60% within 30 days.
March 2025 announcement
Trump announced a U.S. cryptocurrency reserve including XRP, Solana, and Cardano on March 2, 2025.
Short-term gains
Cardano surged 75%, XRP climbed 32%, and Solana gained 27% within hours of the announcement.
Price drop after announcement
Cardano dropped 73% below its pre-announcement price by August 20, 2025.
Trump's official crypto
Trump's cryptocurrency surged 31% within 24 hours of endorsement but lost $3.81 billion in value.
Hyperliquid attention
Trump mentioned Hyperliquid on August 19, 2025, triggering a 21% price gain within 24 hours.
Hyperliquid risks
Hyperliquid faces regulatory uncertainty, potential token selling pressure, and no guarantee of price increase.
The short version
President Trump's cryptocurrency endorsements have declined 60% on average since 2025, with recent gains evaporating quickly.
