US President Donald Trump’s namesake meme token has tumbled exhausting, slumping practically 90% from its all-time excessive set six months in the past.
Right this moment, TRUMP is buying and selling at $8.80, down 6% within the final seven days. Merchants are on edge after the undertaking’s workforce yanked $4.4 million in USDC from liquidity swimming pools and a single whale lined up a $2.5 million promote order.
Staff Pulls Hundreds of thousands From Liquidity
In keeping with a latest publish on X by Lookonchain, the Trump Coin workforce withdrew $4.4 million value of USDC and moved 347,438 TRUMP tokens—valued at $3.12 million—from the primary liquidity pool right into a contemporary pockets.
The #Trump Meme Staff eliminated 4.4M $USDC and 347,438 $TRUMP($3.12M) in liquidity 6 hours in the past.
They then bridged 4.4M $USDC to #Ethereum and transferred 347,438 $TRUMP($3.12M) to a brand new pockets.https://t.co/ORSLE6vJiAhttps://t.co/SYyNae1nio pic.twitter.com/okTk1u0Ow9
— Lookonchain (@lookonchain) June 26, 2025
That transfer got here with none heads-up or clear motive. Now, many traders fear that the workforce may be getting ready to dump cash, which might add promoting stress to a coin already scuffling with low demand.
Whale Locations Large Promote Order
Primarily based on reviews, a significant pockets often called Kewh32 has put 275,672 TRUMP tokens available on the market, roughly $2.5 million at present costs.
This whale additionally offered 100,000 tokens earlier in June and nonetheless holds 369,400 cash. If these tokens ever hit exchanges, the added provide might push the worth even decrease.
Worth Sample Affords Blended Sign
On the day by day chart, TRUMP has traced out a falling wedge sample. That setup usually results in a breakout, however solely when patrons step in with power. Right here, buying and selling volumes stay weak.
The relative power index (RSI) has sat under 50 for over a month, signaling that sellers are nonetheless in management. On the similar time, the Superior Oscillator simply flipped inexperienced—albeit nonetheless under zero—which hints that bearish momentum could also be fading.
Investor Confidence Falters
Many merchants are watching the $8 to $9 vary intently. A failure to carry above $8 might spell extra losses and take a look at deeper help. Proper now, there’s no signal of a powerful rally. With out contemporary shopping for curiosity or constructive information, the downtrend contained in the wedge appears to be like set to proceed.
It gained’t take a lot to spark a brief squeeze—possibly a burst of social media hype or a giant purchase from one other whale. However belief within the token’s workforce is shaky after the latest liquidity pull. Till on-chain exercise exhibits actual demand, most market gamers count on extra uneven buying and selling and decrease costs.
Featured picture from Unsplash, chart from TradingView