#CryptoRegulation The official Trump token (TRUMP) fell 2.5% to $13 on Wednesday, May 14, after a surprising $300 million acquisition by a Chinese tech firm reportedly linked to TikTok.

Trump Coin Tumbles 2.5% as $300M Purchase From TikTok-Linked Chinese Firm Triggers Profit-Taking

TRUMP token investors reacted defensively on Wednesday following a major acquisition that sent shockwaves through the digital asset market.