By Km Fazi 
The OFFICIAL TRUMP memecoin (TRUMP) extended its downtrend on Tuesday, falling to an intraday low of $3.28 as selling pressure intensified across the broader memecoin market.
After surging to extreme highs following its launch and during the lead-up to Donald Trump’s inauguration, the token has steadily lost momentum. With continued losses over the past month, TRUMP is now approaching levels that place it at risk of printing a new all-time low, as speculative interest across the sector fades.
TRUMP Extends Decline as Memecoin Market Weakens
The sell-off in TRUMP mirrors a wider downturn across the memecoin market. Data from CoinMarketCap shows the total memecoin sector has declined by 33% over the past month, with total market capitalization dropping to approximately $29 billion.
At the same time, overall trading volume across the sector has fallen by 18%, signaling reduced retail participation and a lack of speculative momentum. While some memecoins are attempting short-term rebounds, the majority remain deep in negative territory.
TRUMP was trading near $3.28, extending its fall from around $5.80 in mid-January 2026 and continuing a sharp decline from its all-time high of $75 in January 2025. Since that peak, more than 95% of the token’s value has been erased, highlighting the severity of the downturn.
Macro and Network Shifts Add Pressure
Beyond memecoin fatigue, broader market dynamics are also weighing on sentiment. Standard Chartered recently revised its outlook for Solana, cutting its 2026 price target to $250, while simultaneously raising its 2030 projection to $2,000.
According to the bank’s analysts, long-term growth on Solana may increasingly come from a shift away from memecoin dominance and toward stablecoin-based micropayments, a narrative that could further pressure speculative tokens like TRUMP in the near term.
TRUMP Price Forecast: Can Bulls Defend Support?
Following the sharp drop from above $4.20, buyers have shown tentative support in the $3.25–$3.30 range as of February 10, 2026. However, market participation remains weak.
Trading volume has declined by 22% over the past 24 hours, sitting below $64 million, suggesting that retail enthusiasm remains muted. There is also no clear rotation of capital from Bitcoin or top altcoins into memecoins, a pattern typically seen during speculative rallies.
The weakness is not isolated to TRUMP. Major memecoins across the board continue to struggle:
- Dogecoin (DOGE) has slipped to $0.093
- Shiba Inu (SHIB) has dropped to $0.0000059
- PEPE is trading below $0.0000037
These losses reflect a sector-wide cooling as Bitcoin and Ethereum also remain under pressure.
Key Levels to Watch
From a technical perspective, $3.50 now represents the immediate resistance level for TRUMP. A sustained break above this zone could open the door for a short-term recovery, with higher supply areas sitting near $10 and $15, potentially fueled by renewed political narratives.
However, sentiment indicators currently suggest that downside remains the path of least resistance. If support around $3.25 fails, a move below $3.00 could accelerate losses, exposing downside targets near $2.00.
For reference, TRUMP’s all-time low stands at $1.21, a level that could come back into focus if bearish momentum continues.