TRUMP Sees $4.3M Major Holder Sell-Off After Exclusive Dinner, Trading Volume Surges to $509M

TRUMP token is currently trading at $12.59 on Binance, with a 24-hour trading volume of approximately $509.6 million and a 3.08% price decrease from the previous day’s open of $12.99. The recent price movement reflects a mild pullback following increased attention from the May 22 dinner event for top TRUMP holders, which led to significant selling activity as over 60% of major holders reduced their positions, decreasing major wallet holdings from $11.3 million to $7 million. The event and subsequent media coverage, including Congressional inquiries and ongoing debates about ethics and regulation, have contributed to heightened volatility and trading activity. Despite the recent dip, the token remains actively traded and is influenced by both high-profile events and broader market sentiment.