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Official TRUMP Coin Price Analysis: Whale Dump Spurs 13.5% Drop in 24 Hours


Official TRUMP Coin Price Analysis: Whale Dump Spurs 13.5% Drop in 24 Hours

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  • A whale sold 763,582 TRUMP for 9.48 million USDC just a few hours ago.
  • Following this sale, the price of TRUMP crashed more than 13%. 
  • TRUMP RSI has entered oversold levels, suggesting a rebound soon.

The Official Trump (TRUMP) meme coin suffered a 13.53% drop in the past 24 hours after a whale dumped its entire holdings. This sell-off wiped out the whale’s previous gains and resulted in a significant personal loss, triggering heightened market volatility.

CoinMarketCap data shows TRUMP token trading at $13.12, and it has plummeted by 57.70% over the past 30 days. With a valuation of $2.59 billion, the Official Trump token ranks as the fourth-largest meme cryptocurrency.

Whale Dump Triggers Market Panic

According to blockchain analysis from Lookonchain, a whale offloaded 763,582 TRUMP tokens in one transaction for 9.48 million USDC, causing a staggering $24.4 million loss for the investor.

The post Official TRUMP Coin Price Analysis: Whale Dump Spurs 13.5% Drop in 24 Hours appeared first on Coin Edition.

Read the article at CoinEdition

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