US President Donald Trump’s namesake meme token has tumbled onerous, slumping almost 90% from its all-time excessive set six months in the past.
At the moment, TRUMP is buying and selling at $8.80, down 6% within the final seven days. Merchants are on edge after the mission’s group yanked $4.4 million in USDC from liquidity swimming pools and a single whale lined up a $2.5 million promote order.
Workforce Pulls Hundreds of thousands From Liquidity
In keeping with a latest submit on X by Lookonchain, the Trump Coin group withdrew $4.4 million value of USDC and moved 347,438 TRUMP tokens—valued at $3.12 million—from the principle liquidity pool right into a recent pockets.
The #Trump Meme Workforce 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 purpose. Now, many buyers fear that the group is perhaps making ready to dump cash, which might add promoting strain to a coin already fighting low demand.
Whale Locations Large Promote Order
Based mostly on experiences, a serious pockets generally known as 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 value even decrease.
Worth Sample Affords Combined Sign
On the day by day chart, TRUMP has traced out a falling wedge sample. That setup typically results in a breakout, however solely when patrons step in with energy. Right here, buying and selling volumes stay weak.
The relative energy index (RSI) has sat beneath 50 for over a month, signaling that sellers are nonetheless in management. On the identical time, the Superior Oscillator simply flipped inexperienced—albeit nonetheless beneath 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 check deeper assist. Proper now, there’s no signal of a robust rally. With out recent shopping for curiosity or constructive information, the downtrend contained in the wedge appears set to proceed.
It gained’t take a lot to spark a brief squeeze—perhaps a burst of social media hype or an enormous purchase from one other whale. However belief within the token’s group is shaky after the latest liquidity pull. Till on-chain exercise reveals actual demand, most market gamers anticipate extra uneven buying and selling and decrease costs.
Featured picture from Unsplash, chart from TradingView
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