Explosion! TRUMP Coin Surges Dramatically, What Underlying Currents are at Play?

Recently, TRUMP Coin under PolitiFi has become the focus of the crypto world due to its soaring price and rising popularity. However, it has also been accompanied by the mysterious transfer of tens of millions in funds, causing a strong shock in the market.

According to on-chain data, on April 29, a team-associated wallet transferred approximately $19.6 million worth of tokens to exchanges such as Binance, OKX, and Bybit, with Binance alone receiving over $10 million. This action is seen as a potential sell signal, which has intensified short-term market fluctuations.

At the same time, as the price once surged to $13.95, with a weekly increase of nearly 70%, U.S. Senator Adam B. Schiff and Elizabeth Schiff have called for an ethical investigation, directly targeting former President Trump regarding the surge in coin price following a dinner. Officials have demanded a thorough investigation into possible violations, emphasizing that the price spike exceeding $100 million cannot be ignored.

On May 22, TRON founder Justin Sun and other crypto industry leaders will attend a special dinner, which may stir the market again.

Investors hold their breath, as the regulatory storm and exchange movements will become the key lifeline for TRUMP Coin's future trajectory!