Trump-linked Meme Team Triggers $35.7M Token Dump—Is This Another Political Crypto Fire Sale?
Another day, another politically adjacent crypto dump. Melania's meme squad just unloaded $35.7M in tokens—was this a coordinated exit or just perfect timing?
When politics meets memecoins, volatility follows. The latest sell-off raises eyebrows as Trump-world figures continue playing crypto markets like a slot machine.
Remember: In crypto, 'fundamental analysis' often means watching which ex-president's inner circle is cashing out next. The only surprise? They actually took profits this time.
Are the Trumps scaling back their crypto empire?
Earlier this week, a Forbes report revealed that the TRUMP family quietly reduced its stake in World Liberty Financial (WLFI) from 60% to 40%, executed through undisclosed transactions carried out over a two-week period.
The dump was carried out by DT Marks DEFI LLC, a holding company controlled by Donald Trump and his sons. This marked the third stake reduction in just six months, down from 75% in December to 60% in January, and now to 40%.
No official comments have been provided regarding the sales by the family, and the reasons for the coordinated sell-offs remain unclear. However, the pattern suggests a strategic effort to reduce exposure while maintaining enough public momentum around the projects.
At the same time, major holders of the official $TRUMP meme coin have also been trimming their positions. One whale recently dumped around 375,000 $TRUMP, worth approximately $4.9 million.
The $TRUMP token is trading at $8.90 at press time, down roughly 30% over the past month. $MELANIA is down nearly 50% over the same period, now trading at $0.91.