Members of the cryptocurrency community are worried that before dinner with the President of the USA Donald Trump, the meme coin Official Trump (TRUMP) could sharply drop. TRUMP has become extremely expensive and has increased in value by 76% after it became known that 220 people, owning the largest amount of meme tokens, will be able to meet with Trump at the National Golf Club near Washington. Among them should be one of the leading investors in Official Trump, the creator of the TRON (TRX) blockchain, Justin Sun, who owns tokens worth $14.3 million.
After the end of the hype wave around Official Trump, the value of the cryptocurrency decreased by 28%, but then it went back up and even exceeded the previous peak. However, then a correction occurred, and the meme coin began to gradually decrease in price. As a result of the ongoing trend, its price has already decreased by 14%. Nevertheless, before the meeting with Donald, scheduled for May 22, the TRUMP rate risks flying into the tartar sauce. Today, employees of the research company Lookonchain reported that the creators of the cryptocurrency transferred 1.3 million meme tokens worth $19.6 million to exchanges. It can be assumed that they plan to sell the coins at a high price before the meeting with Trump, causing a powerful bearish trend. Accordingly, to avoid losses, it makes sense to get rid of Official Trump in advance.
Prepare for the dump that will occur as soon as the largest holders of TRUMP, who have received invitations to dinner with Trump, are determined. Insiders will be able to leave the market in time, wrote one of the traders.#CryptoAdoption $TRUMP
