Cryptocurrency Market Round-Up

Typically, cryptocurrencies are termed digital currencies and use blockchain technology to record every transaction. Meme Coins are a category of cryptocurrencies that are typically created as jokes or memes, often with little to no inherent utility or technological innovation. Official Trump (TRUMP) is a Solana-based meme cryptocurrency launched in January 2025 by entities associated with Donald Trump, including CIC Digital LLC and Fight Fight Fight LLC. The token primarily derives its value from market sentiment, community engagement, and political attention rather than underlying cash flows or traditional fundamental metrics, making it highly speculative and vulnerable to sharp price volatility. TRUMP has a market capitalization of ~USD 483.86 million (as per TradingView as of October 28, 2026).

For the week ended October 23, 2026, the S&P Cryptocurrency Broad Digital Market (BDM) Index declined by 162.67 points, or approximately 0.45%, to close at 4,399.20, reflecting persistent selling pressure across the broader digital asset market. The index began the week on a negative note and continued to face downward pressure. At the start of the new trading week on October 26, the index also showed a negative bias, amid weakness in major cryptocurrencies, including Bitcoin and Ethereum. Overall, the cryptocurrency market remained under pressure, with heightened volatility and cautious investor sentiment limiting the potential for a sustained recovery. Continued weakness in leading digital assets could further weigh on the broader market, while a sustained rebound in major cryptocurrencies may help stabilise sentiment and improve the near-term outlook.

Section 1: Key Performance Indicators:

Past performance is not a reliable indicator of future performance.