$TRUMP $TRUMP #EUPrivacyCoinBan #MarketPullback Token Falls 35% — Hype Wears Off Despite VIP Dinner and Denials

The $TRUMP meme coin has dropped 35% from its April high of $16.44 and is now trading at $11.12. It's struggling to stay above the key support level of $10.00. The coin had previously spiked in value after offering a VIP dinner at Trump National Club for the top 220 holders and a private White House tour for the top 25.

However, selling pressure has taken over. In a recent NBC interview, Donald Trump denied having any financial connection to the token, which launched just before his term. The price has fallen below important moving averages, and with strong resistance at $16.00, it could continue falling toward $7.30.