š Trump Token ($TRUMP) Whale Alert: $32.8 Million Dump Sparks Price Prediction Frenzy
A crypto whale just shook the MAGA marketādumping $32.8 million worth of $TRUMP tokens onto Binance. Is this a bearish omen or a buying opportunity?
Whale watching turns political
The move triggered instant speculation: Is this a post-election cash-out or just another day in meme coin volatility? The tokenāpegged to the former presidentās brandāhas seen wild swings since launch, blending crypto hype with political theater.
Price predictions in chaos
Analysts scramble to update models after the dump. Some see a dip ahead; others bet on loyalists 'buying the patriot dip.' Either way, itās a reminder: In crypto, even politicians are swing traders.
Bonus jab: Nothing says 'stable store of value' like a token that tanks when its namesake tweets.
Official Trump Price Prediction As Whale Moves $32.8 Million in $TRUMP to Binance
Posting on X, tracker Lookonchain revealed that the TRUMP team has sent just over $150 million in the token to various exchanges since April 28, with each transfer preceding a drop in the OFFICIAL TRUMP price.
https://twitter.com/lookonchain/status/1936453591981850769The previous large transfer, worth $47 million on June 4, saw the token drop from roughly $11.20 to $9.56 the next day, a 14.6% decline.
Such transfers play into criticisms that TRUMP serves mainly to enrich the coinās founders, accusations which became more heated in the buildup to a dinner for the tokenās biggest holders.
And if we look at TRUMPās chart, we see that it has declined steeply since peaking in January, with the coin actually down by 88% since this peak.
Yet because of recent declines, it has reached a strongly oversold and undervalued position, implying that it could bounce back in the near term.
For instance, its relative strength index (purple) has touched 30 and may be about to bottom out, while its MACD (orange, blue) also looks ready to recover.
Of course, things will depend on the direction of the conflict in Iran, which could escalate further if the latter retaliates against US airstrikes, which is a distinct possibility.
As of writing, it appears that oil tankers have performed u-turns in the Strait of Hormuz, which Iran may block, something that could plunge the global economy into further chaos.
If so, the Official Trump price will likely drop further in the coming days, although the medium-term picture looks more encouraging, if only because of Donald Trumpās willingness to promote his meme token.
It could therefore return to $10 by the end of July and $15 by the end of August, before ending the year at around $25.
Layer-Two Network Solaxy Launches After Raising $58.5 Million in Presale: Biggest New Alt of 2025?
If some traders remain a little uncertain as to the future trajectory of TRUMP, there are numerous promising alternatives to consider.
The market has recently seen the arrival of a wave of new coins that not only show strong potential upside, but also come with solid fundamentals.
Probably the most interesting of these is Solaxy (SOLX), a layer-two solana network that has raised a whopping $58.5 million in its presale, which closed earlier today.
https://twitter.com/SOLAXYTOKEN/status/1937149071678222570This is a hugely impressive figure, and itās a testament to the excitement Solaxy has been able to generate via its roadmap
As an L2, Solaxy will provide Solana users with faster confirmation times and much lower transaction fees, while also improving reliability and stability.
It will enable instant bridging between itself and Solana, with the Solaxy team planning to widen compatibility to other chains over time.
Solaxy will also deploy its own decentralized exchange and token launchpad not long after it goes live, helping it to become an important network for DeFi and meme token trading.
Its native token, SOLX, will be necessary to pay for transaction fees, while holders will also be able to stake it.
It could therefore experience huge demand, with traders now able to buy it via Raydium or Uniswap.
Interested investors can check out its official website for further info.