TRUMP Token Faces Liquidity Crisis Amid ETF Speculation

The TRUMP token has plunged 40% over the past two months as major holders execute strategic sell-offs. A whale wallet dumped $2.49 million worth of tokens, while the "Trump Meme Team" withdrew $3.1 million in liquidity—just as the NYSE filed to list a Truth Social ETF.

Despite the sell pressure, the meme coin remains up 645% year-to-date. Blockchain analysts note the whale still holds $3.3 million in TRUMP, suggesting further volatility ahead. The liquidity removal saw 4.4 million USDC and 347,438 TRUMP tokens bridged to Ethereum, compounding price pressure.

Market participants speculate the sell-off may reflect pre-election positioning, with the proposed ETF adding institutional intrigue to Trump's crypto ambitions. The SEC's 90-day review window now looms as a make-or-break catalyst for the embattled token.