I’ve been following $TRUMP ’s on-chain activity for the past few weeks, and the thing that keeps nagging at me is the sheer size of the holdings attributed to the project’s namesake!
A significant portion of the circulating supply enough to heavily influence price action, appears to be in wallets linked to the primary figure behind the token. And when one party controls a disproportionate share of tokens like in this case, they have the ability to impact the market in ways that retail holders simply can’t counter.#
This is when a "Centralized Supply Risk" comes in.
If these holdings were sold off in a short time frame, the sudden spike in supply could send prices plummeting.
Even a gradual exit, if timed with negative sentiment, could trigger a cascade of sell orders and drain liquidity.
I’m not saying a rug pull is guaranteed. But history has shown us what can happen when high-profile figures hold enormous stakes in a thinly traded market. I’ve personally seen projects implode overnight when the “face” of the token decided to cash out.
Remember what happened with $OM
For me, it comes down to risk management. I’m okay with volatility. I’m in crypto after all. But I’m not okay with blind trust in a figure whose incentives may not align with mine.
In crypto, blind loyalty doesn’t reward. Transparency... or at least informed skepticism does.
