Is $TRUMP the Next Cautionary Tale? 90% Down and Falling

Omada Apeh
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6 Min Read

In today’s Trump token news,  $TRUMP price today has crashed 90% from all-time high and the market is panicking. The latest developments have investors spooked as the team reportedly pulled $4.4 million in liquidity without notice and a whale is about to dump $2.5 million worth of tokens. Once a favoured token, $TRUMP is now facing distrust, declining demand and deteriorating technicals, raising questions about transparency and sustainability in the meme coin space.

Team Quietly Pulls $4.4M in Liquidity, Panic Ensues

The most concerning piece of this Trump token news is the team withdrawing $4.4 million in USDC from the project’s main liquidity pools on Solana. Blockchain analytics firm Lookonchain reported the developers removed 347,438 TRUMP tokens (worth $3.12 million) and transferred them to a new wallet without any explanation. The wallet was later linked to bridged activity to Ethereum, which means cross-chain repositioning or worse, a big exit.

Trump Token News
Trump Token News

This silent move has everyone speculating about insider intentions. As one trader said on X:

“This smells like a rug. No comms. No transparency. Just pulled liquidity and ran.”

With no public statement from the team and no roadmap updates, many long-time holders are now fearing a slow collapse of the token’s support.

Whale Activity Adds to Sell Pressure

More bearishness comes as reports covered a large whale wallet Kewh32 that placed a sell order for 275,672 TRUMP tokens (worth $2.5 million). The wallet had previously sold 100,000 tokens in June and still holds 369,400 tokens, a big overhang in the market.

This aggressive positioning reveals that major stakeholders are losing faith or at least preparing their exits in a low-liquidity environment. In the meme coin world where confidence is everything, the visibility of these transactions has a direct impact on price.

$8 Support Under Stress

Technically, $TRUMP is forming a falling wedge on the daily chart, a setup that can precede a breakout. But with no buying pressure, that’s a big probability. The RSI has been below 50 for over a month and the Awesome Oscillator (AO) just turned green but still below zero. Volume is super low and unless there’s a surge in social media momentum or new buy-side liquidity, this wedge will just get wider before another breakdown.

Trump Token News
Trump Token News

The current $TRUMP price today ranges $8–$9 and has become the battleground. According to SolanaFloor, most recent buyers entered at $11–$13 so many are currently underwater. A break below $8 could trigger panic selling and open up to $6.50 or lower.

With no developer comms and growing public skepticism, the token’s reputation, arguably its most valuable asset, has taken a big hit.

According to news sources, over $48 million has been drained from influencer-themed meme coins in the last 30 days alone, often with no accountability.

Can a Short Squeeze Save $TRUMP?

There’s a small chance the TRUMP token could bounce short-term if social media picks up or another whale buys in big. Meme coins are unpredictable and all it takes is a trending tweet or a pump to create a short squeeze.

But that would be short-lived unless the underlying issues, like the current team’s silence, liquidity vanishing, and low trust, are addressed.

Conclusion

The latest Trump token news does not good for $TRUMP. With the $4.4 million liquidity exit, $2.5 million whale sell order and no team comms, market confidence is collapsing. Chart patterns may suggest a bounce but the fundamentals and community trust are shot.

Unless the team addresses these issues transparently and buyers come back in, $TRUMP might just end up being another meme coin cautionary tale. For now, the Trump token news cycle is all about fear, uncertainty and a fading promise.

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Summary

In the latest Trump token news, $TRUMP price today has dropped 90% from all-time high and is currently at $8.93. A $4.4 million liquidity pull by the team and a $2.5 million whale sell has everyone worried about a dump. Technicals show a falling wedge and RSI below 50 with thinning volumes and trust. No communication from the team or new investor interest means $TRUMP may continue to go down. 

FAQs 

Why is $TRUMP crashing?

Price is crashing due to a $4.4 million liquidity pull by the team and a $2.5 million sell by a whale.

Will $TRUMP recover soon?

Maybe via short squeeze or meme hype but fundamentals are weak without team transparency.

What’s the support for $TRUMP?

Investors are watching the $8 level. Below that and it’s down further.

Glossary

Liquidity Pull – Removing tokens or stablecoins from a liquidity pool.

Whale – A wallet or investor with a large amount of cryptocurrency.

Falling Wedge – A bullish chart pattern.

RSI (Relative Strength Index) – A momentum indicator.

Short Squeeze – A quick rally when short sellers are forced to buy back.

Meme Coin – A cryptocurrency with no value, driven by social media or cultural references.

Sources

Lookonchain on X 

NewsBTC 

The Coin Republic

CoinMarketcap

Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.

Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.

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Omada is an experienced crypto journalist delivering in-depth analysis and insights on the ever-evolving world of cryptocurrency and blockchain. Her expertise spans market trends, regulatory developments, and innovative use cases. She is dedicated to providing accurate and engaging content for crypto enthusiasts and newcomers alike.
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