đ„ â$TRUMP Coin Turbulence: Why Itâs Dumping Hardâ
The $TRUMP memeâcoin has been on a wild rollercoaster since its spectacular debutâsoaring to a multiâbillion dollar valuation within hours, but crashing rapidly as momentum faded and insiders pulled out, leading to heavy sellâoffs by speculators and early investors. The plunge stems from its speculative nature as a memeâcoin, lacking real utility and driven almost entirely by hype around Trumpâs brand and timed events like the âCrypto Ballâ and a private dinner inviteâcues that artificially pumped demand but triggered dumps as soon as key holders cashed out . With 80% of the token supply controlled by Trumpâaffiliated entitiesâalbeit locked upâcritics warn of a classic âpumpâandâdumpâ setup: insiders reap trading fees and profit from public enthusiasm, then face imminent release of locked tokens over time, likely depressing prices further . This structure, combined with negative media coverage, congressional investigations into conflicts of interest and foreign influence, and widespread skepticism in the crypto space, has turned the coin into a lightning rod for dumps as soon as the narrative shifts or the hype pauses âso until there's real utility or transparent governance, it's prone to abrupt volatility and sellâoffs.
