I will vote for Trump coin launch. When the coin shattered after 2-3 days, most of the trust on altcoins was lost among millions of crypto users. The scar is not going to go away easily.
Not Trump coin that caused anything. Trump coin is just one of the memecoins and behaved like one of the memecoins. Including the Melania memecoin belonging to his wife that is also a shit as anything shit. Memecoins have their time and the time has just gone as they are all falling.
I think that's how memecoins perform, precisely altcoins that don't have a clear long-term project like ETH and others that have strong fundamentals in forming a project in the crypto space, then the possibility of a decline after ATH will be very high, Trump and Melania coins are one of them but the worst in my opinion is the fraud on the Barron Trump coin because it was not issued officially but instead became a merciless project scam that bought it because the price dropped to the point of being worthless.