TRUMP Token Tanks—Even a Dinner Date With the Ex-President Can’t Stop the Sell-Off

Meme coin ’TRUMP’ nosedives 40% in 24 hours despite founder’s high-profile dinner announcement. Traders ditch the token faster than a hot mic at a political rally.

Pump-and-dump déjà vu? The token’s liquidity pool shrinks to pocket change as ’buy the rumor, sell the news’ plays out yet again—because nothing says decentralized finance like celebrity hype and bagholders.

In brief

• $869M outflows on the TRUMP token despite the announcement of an exclusive dinner.
• Rumor denied: it does not take $300,000 to participate in the event.
• Justin Sun suspected to be the largest holder of TRUMP tokens.

The contrast: massive outflows of TRUMP tokens despite exclusive promises

While Trump promises an exceptional dinner in Washington for the top 220 holders of his token, crypto traders have massively emptied their wallets. According to Nansen, overleft Trump’s crypto in one week, against onlyin purchases. In short: sales exploded despite the announcement.

The promise to mingle with the former president was therefore not enough to maintain confidence. As Nansen noted:

It is clear that more people took the opportunity to sell their Trump tokens than new buyers entered.

A sentence that illustrates well the prevailing skepticism in the crypto industry.

Some mention the, fueled by the fact that the TrumpMeme team owns 80% of the tokens in circulation. Others prefer to. In short, despite the prestige marketing, many holders seem to prefer to cash in their gains while the climate remains uncertain.

A marketing dinner struggling to calm fears

On X, the official TrumpMeme account had to step up to calm rumors. No, you do not need to holdin TRUMP to hope to dine with Trump. No, the block explorer ranking is not reliable to verify qualified participants. Everything is based on a ““, combining token quantity and holding duration.

The strategy is simple: reward those who hold their positions for a long time. Currently, crypto icon Justin Sun leads the game with overTRUMP tokens, worth about. At the other end,in TRUMP to participate. A welcome opening that contradicts the $300,000 rumor.

But despite this clarification, unease remains in the crypto community. How to trust when the project team controls 80% of the supply? The crypto industry’s past is riddled with projects promising big things that ended up forgotten. Will the dinner at Trump’s be enough to make these worries disappear?

Who really supports Trump Memecoin?

The profile of large holders intrigues as much as it worries. The presence of a pseudo “” at the top of the leaderboard has sparked speculation about a direct involvement of Justin Sun, founder of TRON and loyal Trump supporter. Alongside, evocative pseudonyms like “” or “” fuel fantasies. But without solid proof, nothing confirms that major figures of the crypto industry are truly invested.

The lack of transparency still feeds the mistrust. The real identity of the main holders remains a mystery. Some investors therefore fear, especially as Trump’s political past does not always reassure in a crypto world valuing independence and decentralization.

However, the exclusivity strategy continues to appeal to a segment of the crypto industry eager for recognition. Scarcity marketing — private dinner, no recording, “shoulder to shoulder” with Trump — acts as a magnet for crypto traders who love prestige. At this stage, everything depends on the project’s ability to convert the announcement effect into lasting value.

Between an ultra VIP dinner and massive capital outflows, Trump’s crypto is playing a double-or-nothing game. After the explosion of his memecoin following his shock declaration, here he is pulling out the big guns with this event. But after the dinner, what other surprise does Trump have in store to support his token? In the crypto industry, the next card could come faster than one thinks.

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