Is Official Trump Crew Promoting Once more as TRUMP Token Dumps 13% Weekly?

TL;DR

• Stories have emerged as soon as once more that the staff behind the meme coin linked to the US President has began to deposit massive parts of the asset to exchanges, most certainly with the intention to promote.
• A number of weeks after the particular TRUMP token holders’ dinner, the meme coin has slumped in worth, virtually erasing all of its hype-driven positive aspects.

Lookonchain’s report on the matter signifies {that a} pockets linked to the TRUMP staff had transferred virtually $47 million value of the token to a number of exchanges, together with the standard suspects Binance and Coinbase.

Though such strikes don’t assure {that a} sell-off will happen, they actually trace at such potential outcomes as massive traders and the groups behind varied initiatives don’t are likely to retailer belongings on exchanges. Normally, they deposit funds when it’s time to money out.

The pockets linked to the $TRUMP staff deposited 4.17M $TRUMP($46.97M) into #Binance, #OKX, #Coinbase and #Bybit once more 3 hours in the past.https://t.co/Mkk5VIjIFWhttps://t.co/exlbszngIQ pic.twitter.com/wy8y3ko15b

— Lookonchain (@lookonchain) June 4, 2025

Within the case of the TRUMP staff, that is removed from the primary comparable switch. They made a number of deposits previously few months, particularly in April, when the asset’s value began to achieve traction after the US President’s invitation to a particular dinner occasion with him.

The highest 220 holders had the chance to go to the occasion, which occurred on Might 22 in one of many POTUS’ golf institutions. Ever for the reason that dinner was introduced, the suspicious exercise ranges have gone by way of the roof, which prompted the Democrats to name for an investigation.

Nonetheless, the US President continues to disclaim taking advantage of the meme coin, even when he was requested immediately by NBC Information’ Kristen Welker.

TRUMP’s value, expectedly, skyrocketed when the dinner was introduced and virtually doubled its worth inside a couple of weeks, going as much as $16. Nevertheless, it has been largely downhill since then and is now below $11 after one other 13% weekly dump.