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BTCC / BTCC Square / Global Cryptocurrency /
TRUMP Token Tumbles 5% After $24M Insider Sell-Off Before Presidential Dinner

TRUMP Token Tumbles 5% After $24M Insider Sell-Off Before Presidential Dinner

Author:
Global Cryptocurrency
Published:
2025-04-29 09:23:10
8
3
[TRADE_PLUGIN]TRUMPUSDT,TRUMPUSDT[/TRADE_PLUGIN]
TRUMP News -

The TRUMP token, a cryptocurrency associated with former U.S. President Donald Trump, experienced a sharp decline as insiders transferred $24 million worth of tokens to centralized exchanges. This sell-off occurred just before a high-profile dinner event featuring Trump, which had previously driven speculative interest in the token.

According to market data, the token is currently trading at $14.05, marking a 5% drop with 24-hour volatility peaking at 8.7%. Trading volume exceeded $1.35 billion as the token’s $2.81 billion market cap faced downward pressure. This sudden reversal underscores the volatility and risks inherent in event-driven crypto speculation, especially for politically-themed digital assets.

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