Trump Meme Coin Down 22% In 7 Days: What Is Going On?
Posted On May 6, 2025
The TRUMP (CRYPTO: TRUMP) meme coin is down 22% over the past seven days, 16 days ahead of a gala dinner for some token holders.
What Happened: Despite the drop, on-chain data shows large holders moving tokens off exchanges, potentially a sign of longer-term positioning.
Blockchain data from Lookonchain showed two newly created wallets withdrawing a total of 2.39 million TRUMP tokens, valued at around $28 million, from Binance.
One of these wallets belongs to ‘MemeCore_ORG’, now sitting on a $2.8 million unrealized loss after their recent buys.
SpotOnChain shows 1 million TRUMP coins, worth $10.84 million, withdrawn from Binance, …
About The Author
