$TRUMP Gala Fallout: Wallet Data Exposes Major Sell-Off Among Top Holders

Washington, D.C. – May 25, 2025 — What was billed as an exclusive celebration of $TRUMP token loyalty turned sour as blockchain data reveals that nearly half of the gala’s elite invitees have dumped their holdings. Of the 220 wallets invited to the high-profile dinner hosted by President Trump, 92 now hold zero $TRUMP tokens—suggesting a widespread sell-off before or shortly after the event.

Key On-Chain Metrics:

• Invited wallets: 220

• Wallets now holding 0 $TRUMP: 92

• Combined balance before dinner: 11.3 million TRUMP

• Current combined balance: 7 million $TRUMP

This 38% drop in holdings raises serious questions about the legitimacy of the so-called “top holders” and the long-term stability of the TRUMP token’s price.

Community Outrage: Real Supporters or Opportunists?

The revelations have triggered backlash across the crypto space, with critics labeling the dumping wallets as “jeets”—a derogatory term for investors who cash out at the first sign of hype. The incident has cast doubt on the sincerity of the attendees and the integrity of the TRUMP leaderboard.

Though President Trump’s alignment with crypto and memecoins has energized some parts of the market, the sell-off suggests that hype, rather than conviction, drove participation at the event.

What Comes Next?

With retail investor confidence shaken, the TRUMP token project faces a pivotal moment. Political endorsements alone may not be enough to sustain momentum. The community now watches closely to see if future developments can rebuild trust—or if this gala will go down as a textbook “sell-the-news” moment.