TRUMP Slides 3% as Top Holders Exit After High-Profile Investor Event Spurs Volatility

TRUMP is currently trading at $12.55 on Binance, down 3.01% over the past 24 hours, with significant trading volume and a fully diluted valuation near $10.2 billion. The recent price decline follows a week of heightened volatility, including a high-profile investor dinner hosted by President Trump on May 22, 2025, which drew substantial media and regulatory attention. On-chain data shows over 40% of top holder wallets exited their positions after the event, contributing to increased selling pressure. The combination of profit-taking by large holders, ongoing political and regulatory scrutiny, and broader market weakness has driven the recent downward movement in the TRUMP token price.