The frenzy of Meme coins at the beginning of 2025, looking back now, is just a script that many people will never see repeated.

The performance of the political Meme coin TRUMP when it launched at the beginning of the year truly deserved the label of "biggest dark horse of the year." It skyrocketed from $17 directly to $79, with a single asset increasing by 350%. Many traders made huge profits during this rally, with some earning millions of dollars in profit from a single coin, and others even claiming gains in the tens of millions of dollars. Such a rise can be considered a "full gamble to turn things around" opportunity in any industry.

But the second half of the story isn’t so warm. After the initial frenzy, this project entered a long decline mode. From its peak of $79, it fell all the way down, creating a historical low of $1.29 at one point, and recently stabilized around $4.9. In other words, if you entered at the high or didn’t take profits in time, looking at this price now might sting a little.

The ups and downs of this project actually reflect a common characteristic of the Meme coin market — hype comes quickly and goes just as fast. The initial FOMO sentiment can push prices to absurd heights, but once the hype shifts, liquidity dries up, and the price often returns mercilessly. For traders who missed the chance to sell at the top, this has indeed been one of the most painful lessons of the year.