43474067849 Trump Coin's "Celebration Feast" turns into "Honeymoon Banquet", whales collectively flee and blood wash the market
On May 22, Trump Coin (TRUMP) staged a real-life version of the "Dinner Horror".
What should have been a party where big holders toasted and celebrated turned into a bloody slaughterhouse in an instant — the price plummeted from $14.9 to $12.6, a 15% drop that mercilessly cut down retail investors chasing the rise.
On-chain data revealed a more brutal truth: nearly 40% of players in the top 220 wallets quietly cleared their positions while toasting and swapping drinks. These whales smiled and clinked glasses, while frantically clicking the sell button under the table. The figures of big shots like Sun Yuchen still shone under the spotlight, but the market had already caught the scent of betrayal.
This farce once again verifies the fatal weakness of meme coins — when the revelry subsides, all that remains is a mess. Without practical application support, Trump Coin is like a castle built on quicksand; no matter how lively the party is, it cannot hide its fragile essence.
Now, those still asking "Is it the right time to bottom out?" resemble gamblers in a casino unwilling to leave. And the answer the market gives is cold and piercing: in the world of cryptocurrency, sometimes the busiest places often hide the sharpest sickles.
If you want to seize this round of bull market, it's definitely too late to learn on the fly; it's best if someone can quickly guide you in.