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.
As we speak, TRUMP is buying and selling at $8.80, down 6% within the final seven days. Merchants are on edge after the mission’s workforce yanked $4.4 million in USDC from liquidity swimming pools and a single whale lined up a $2.5 million promote order.
Crew Pulls Hundreds of thousands From Liquidity
Based on a current put up on X by Lookonchain, the Trump Coin workforce withdrew $4.4 million price of USDC and moved 347,438 TRUMP tokens—valued at $3.12 million—from the principle liquidity pool right into a contemporary pockets.
The #Trump Meme Crew 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 workforce may be getting ready to dump cash, which might add promoting strain to a coin already scuffling with low demand.
Whale Locations Large Promote Order
Based mostly on studies, a significant 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 bought 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.
Value Sample Affords Blended Sign
On the every day chart, TRUMP has traced out a falling wedge sample. That setup typically 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 beneath 50 for over a month, signaling that sellers are nonetheless in management. On the similar 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 carefully. 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 contemporary shopping for curiosity or optimistic information, the downtrend contained in the wedge appears 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 current liquidity pull. Till on-chain exercise reveals actual demand, most market gamers count on extra uneven buying and selling and decrease costs.
Featured picture from Unsplash, chart from TradingView
