🌟 Latest TRUMPCoin Updates: Whales Are Dumping! 🐳💨
📉 Most TRUMPCoin whales have sold off their holdings!
On-chain data reveals that, like most meme coins, the largest whales have exited their positions, leaving many retail traders holding the bag.
💰 Top Profits by the Biggest TRUMP Investors:
Investor #1: Made $53M and sold all tokens.
Investor #2: Made $52M, sold 70% (~$44M), and holds ~$8M.
Investor #3: Made $42M, sold $30M, and still holds ~$12M, possibly betting on a rebound.
Other top investors have liquidated most of their holdings. This massive selloff happened due to the rapid price surge before the inauguration and the realization that most meme coins crash after the hype fades. Additionally, TRUMPCoin lacks intrinsic value.
📊 Smart Money Investors Are Leaving
Data shows that the number of smart money investors (experienced and sophisticated traders) has plummeted from 340 last week to just 130 now. Tokens held by these investors have dropped from 30M to 14.4M, signaling a lack of confidence.
⚖️ Potential Legal Issues for TRUMPCoin
The ongoing crash of TRUMP and MELANIA (MELANIA) meme coins has caught the attention of Washington. Senator Elizabeth Warren and Rep. Jake Auchincloss have called for an investigation into TRUMPCoin, citing concerns over:
1️⃣ Market manipulation.
2️⃣ Potential foreign interference via token purchases.
It remains unclear if the U.S. Office of Government Ethics or the SEC will take action, but scrutiny is mounting. 🚨
Stay tuned for updates as this situation develops!
⚠️ Reminder: Always DYOR (Do Your Own Research) before making any investment decisions. Stay informed and trade smart! 🧠💸
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