$TRUMP

Is the Official Trump Team Preparing to Dump TRUMP Token After 13% Weekly Drop?

Speculation is swirling once again around the TRUMP meme coin, as fresh on-chain data suggests the team linked to the token may be gearing up for a major sell-off. This follows a sharp 13% drop in the token’s value over the past week, erasing much of the recent gains fueled by online hype.

According to blockchain analytics platform Lookonchain, a wallet believed to be associated with the TRUMP team transferred nearly $47 million worth of the token to various crypto exchanges. While such activity doesn’t confirm a sale, it typically signals an intent to offload assets—especially when large sums are involved.

This isn’t the first time wallets tied to the project have made sizable deposits, but it has reignited concerns among holders. Despite these ongoing movements, former President Trump continues to deny any personal financial gain from the meme coin.

The token, which had surged to $16 following a promotional event, has since fallen below $11, continuing its downward trajectory amid renewed uncertainty.

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