🟧 $TRUMP Token Update – Market Reacts to Post-Dinner Sell-Off 🟧
📉 Current Price: $12.56 | 📊 Market Cap: $2.51B | 🔄 24h Volume: $523M
After a high-profile series of crypto dinners with Donald Trump (May 22–24), we’ve seen some heavy movement in the $TRUMP markets. Top holders reduced their positions by over 50%, causing a spike in trading volume and a pullback in price.
🔍 What’s Going On?
• Whales took profit right after the exclusive events
• Price rejected key resistance levels ($15.87)
• Current support around $12.60 is being tested
• Regulatory questions about political-crypto mixing are rising
🎯 What It Means
This is a textbook case of post-event distribution. While the hype is real, traders should watch support/resistance levels closely. The meme + politics combo is powerful, but also volatile.
📌 Bottom Line: $TRUMP is still trending, but smart money is watching technicals and regulation. This isn't just a meme anymore—it's a movement with eyes on it.
📈 DYOR. Not financial advice.
✍️ By Khalil ur Rehman