TRUMP Slides 2% as Major Holders Move Tokens After Exclusive Dinner, High Volume Signals Volatility

The TRUMP token is currently trading at $12.55, down 2.11% over the past 24 hours, with a 24-hour opening price of $12.82 and substantial trading volume, reflecting ongoing market interest and liquidity. The recent price decline is attributed to large transfers of TRUMP tokens to exchanges following the exclusive dinner event for top holders on May 22, 2025, which coincided with increased market volatility and significant short contract activity around the $14.52 level; additional downward pressure has been observed amid controversy and regulatory scrutiny related to the event and broader developments involving Trump Media's reported $3 billion crypto initiative.