#TrumpCrypto #RugPulled
TRUMP out?
The team withdrew $4.6M in USDC — the crypto scene held its breath
According to Lookonchain, the team behind the meme token TRUMP withdrew $4.6 million in USDC from the liquidity pool, converted it to ETH, and transferred it to Coinbase Prime.
This move sparked a wave of speculation in the crypto community: many traders began to talk about a possible rug pull or mass sell-off.
The withdrawal occurred a day before the unlocking of 40 million TRUMP tokens (20% of the total supply, ~$320 million), associated with Trump Organization.
Unlocking will begin on April 17 and will continue daily for two years.
Currently, TRUMP is trading at $7.98 — nearly 90% below its all-time high ($73.43).
In the last day, the token lost 0.92%.
Rug pull or repositioning?
We are watching for the next step from the team.