The Trump meme token's own team is applying fresh selling pressure. In the past 24 hours, roughly 5 million $TRUMP tokens worth about $17.3 million (at $3.46 each) were moved from team custody via BitGo to Binance. On-chain data from Arkham confirms batches of 1.8M, 1M, 700K, and ~1M tokens. While no immediate sale has been confirmed, speculation of gradual profit-taking is fueling bearish sentiment.
$TRUMP Drops 2.62%, Underperforms Broader Market
The token declined 2.62% to $3.42, versus a 1.23% dip in the overall crypto market. The drop is driven by negative sentiment from Trump-linked ventures and the team selloff. Analysts expect another 4%–6% decline in the coming days.
Launched in January 2025, $TRUMP hit an all-time high of $73 before collapsing roughly 95% to current levels. The token's value relies almost entirely on political narratives, presidential tweets, and community hype — no real utility. It hasn't touched the $10 range in the last seven months.
Trump's Crypto Empire in Turmoil: Losses, Probes, and Liquidity Drain
Other Trump-family crypto projects are bleeding as well. American Bitcoin, co-founded by Eric Trump and Donald Trump Jr., reported a $59 million loss in Q4. $MELANIA dropped 32% monthly, 87.5% yearly, and 95% from its launch price. $WLFI saw its market cap shrink to $3.21 billion, a 62.5% loss. Regulators are also probing projects like World Liberty Financial, raising transparency concerns.
Root Causes: Market Slump, Policy Risks, and Memecoin Narrative Fade
After the October 2025 crash, major tokens like Bitcoin fell below $70K and Ethereum under $2K. Most altcoins have lost 80%–90%. Trump's aggressive tariffs and trade policies added economic uncertainty, triggering risk-off moves. The total memecoin market cap plunged 56.46% year-to-date to $31.58 billion, while daily trading volume collapsed 72.88% to $2.93 billion, per CoinMarketCap.
Loyal holders still tout long-term narratives, but with supply overhang and fragile sentiment, it remains unclear whether conviction can outweigh selling pressure. For now, the market is in a wait-and-watch phase.