TRUMP Token Plummets as Crypto Dinner Invites Finalize
Investors rushed to dump TRUMP tokens after Donald Trump’s exclusive crypto dinner invitation list was finalized, triggering a sharp price decline. The token tumbled from $15 to $12.33 following the May 12 event announcement.
On-chain data reveals the selloff was driven by large holders rather than organic market movements. "We’re seeing coordinated exits from major wallets," noted cryptocurrency analyst Few. "The exodus accelerated once the RSVP window closed."