70% of Binance Cryptos Fall Post-Election as TRUMP Coin Drains Liquidity
70% of Binance cryptocurrencies trade below pre-election levels as the TRUMP meme coin frenzy drains liquidity, raising concerns about market stability.
A new analysis reveals that 70% of cryptocurrencies on Binance are now trading below their pre-election levels, despite an overall bullish market sentiment. This contradiction raises doubts about whether the recent market momentum truly reflects long-term strength.
An analyst on X examined price movements before and after the election, highlighting that while some assets gained, the majority struggled to hold their value. Among the best performers were Hedera, XRP, Mantra, Stellar, and VeThor, while others, including Nerio, THORChain, BOOK OF MEME, ConstitutionDAO, and dogwifhat, suffered major declines.
One striking pattern emerged from the data: nearly 80% of cryptocurrencies peaked between December 3 and December 9. This short window suggests that the market remains highly synchronized, with most tokens following similar price cycles. It also highlights how quickly trading opportunities can disappear.
The TRUMP meme coin frenzy drained liquidity, impacting market stability. Many traders believed Trump’s election win would fuel a strong crypto rally, but instead, the launch of the TRUMP token unexpectedly absorbed capital. Investors hoped that profits from TRUMP would be reinvested into other assets, but the sudden launch of Melania Meme created further uncertainty.
Crypto analyst Otto Suwen compared current conditions to the 2022–2023 bear market, noting that many altcoins initially surged after Trump’s victory, only to crash shortly after. Suwen observed that the downturn was far more severe than a standard market correction, with some assets losing nearly all their gains.
Adding to market instability, President Trump announced new tariffs on imports from Mexico, Canada, and China, triggering a sharp reaction. The total crypto market lost billions in value overnight, causing widespread concern among investors. Although some of these measures were later delayed, the uncertainty surrounding trade policies continues to impact market sentiment.
The combination of liquidity drains, election-driven speculation, and aggressive economic policies has left investors questioning the sustainability of the current bull cycle. Many now wonder whether the market will regain its strength or if further volatility lies ahead.
