Trump Derangement Syndrome Crypto Crashes 18% Amid Global Market Turmoil

TDS Token Plummets as Trump's Tariffs Shake Markets

Holy smokes, the pump.fun meme coin, Trump Derangement Syndrome (TDS) crypto, just tanked over 18%! And guess what? It's all thanks to the wild stock market crash that everyone's blaming on Trump's new trade tariffs. Talk about a wild ride!

On April 7, around 8:15 AM UTC, the TDS token took a nosedive of more than 20%. And it wasn't alone - the Asian, European, and U.S. markets were all feeling the heat with sharp declines in stocks. The crypto market? Yeah, it was mirroring the chaos in traditional markets, with big shots like Bitcoin (BTC) and Ethereum (ETH) taking a hit too.

At the time of this report, the TDS crypto has clawed back a bit from its fall. But don't get too excited - it's still down over 15% and trading at a measly $0.00011. Just last month, it hit an all-time low of $0.0001051, and now it's dangerously close to that mark again, with only a 2% difference. Yikes!

So, how did this meme coin even get on the radar? Well, it all started when New York City Mayor Eric Adams dropped the term "Trump Derangement Syndrome" in an interview with podcaster and comedian Andrew Schulz. Adams claimed that a bunch of Americans were suffering from this so-called syndrome, which made them do some crazy stuff.

"The Trump Derangement Syndrome is real... You could hate someone so much that even if they do something right," Adams spilled in his recent interview. And just like that, the Solana (SOL)-based meme coin was born on the pump.fun platform on November 10, 2024.

The TDS crypto hit a peak price of $0.025 before crashing down two weeks later. Since then, it's been struggling with a pathetic market cap of just $107,597 and a 24-hour trading volume of only $1.63. Ouch!

But here's the kicker - the token is named after the buzzword "Trump Derangement Syndrome," which is basically a mental condition where people go nuts because they hate Donald Trump so much. And with Trump's Liberation Day tariffs causing even more chaos, the token has taken another hit, dropping 30.5% in the past week.

On the same day as TDS's recent plunge, global stock markets were in freefall, with declines ranging from 10% to a whopping 50% since Trump announced tariffs on U.S. imports from over 180 countries and regions. And the crypto market? It wasn't spared either, with the overall market cap dropping nearly 11% to $2.49 trillion.

In the last 24 hours, Bitcoin fell below $75,000 for the first time since November 7, 2024, while Ethereum dipped below $1,500 for the first time since March 2023. It's like the whole financial world is on a rollercoaster, and we're all just holding on for dear life!

Disclaimer: This article is not investment advice. It's just here to educate and entertain, so don't go betting your life savings on it!