🚨 Trump Commemorative Coin Plummets! Whale Sell-off Triggers Market Panic, Prices Crash!
The Trump Commemorative Coin ($TRUMP) is facing immense pressure recently, as two whales sold off tokens worth $6.4 million at a critical moment, causing market sentiment to deteriorate sharply. Despite the planned high-end VIP dinner still attracting considerable attention, the token's price has failed to escape the fate of a significant drop.
💥 Massive Sell-off: Two Whales Take Away $6.4 Million
According to blockchain data, within just 24 hours, two whales sold 276,968 and 228,414 Trump coins respectively, resulting in a total loss of nearly $500,000. This large-scale sell-off once again exposes the market's doubts about the long-term value of Trump coins.
📉 Trump Coin Price Fluctuates Dramatically: From Historic Highs to Lows
Since its launch in January 2025, Trump Coin soared to a historic high of $73.50 on January 19, but quickly fell back, and the current price has dropped to a low. This volatility is a common feature of commemorative coins and politically themed coins.
🔍 On-chain Data Shows Bearish Trend: Market Confidence Lacking
Since May 10, the Chaikin Money Flow (CMF) indicator has continuously remained below zero, indicating a dominance of outflows. Analysts believe that concerns about the token unlocking plan and regulatory risks have led major investors to reduce their holdings.
⚡ Trump's Involvement in the Crypto Industry Causes Turbulence: Crypto Market Anxiety
Although Trump publicly supports cryptocurrencies, his association with digital assets has also brought industry unease. Sources reveal that Trump's position may have stimulated the formulation of stablecoin regulations and triggered a strong reaction from legislators.
🎤 VIP Dinner Still Captivates: Marketing and Strategic Statements Run Parallel
Despite the market pressure, the VIP dinner on May 22 still attracted the top 220 holders of Trump coins and industry leaders, becoming a significant marketing event that highlights Trump’s connection with the cryptocurrency industry.
🚨 Conclusion: Trump Coin Faces a Critical Test
Despite strong support and future plans, the current sell-off wave of Trump Coin reflects deep market concerns. If prices continue to be under pressure, the long-term prospects for Trump Coin remain highly uncertain.
