Is Trump Coin Price Doomed to Disappear Into Irrelevance After Crypto Dinner?
The post Is Trump Coin Price Doomed to Disappear Into Irrelevance After Crypto Dinner? appeared on BitcoinEthereumNews.com. With the conclusion of Crypto Dinner, Trump Coin price could continue crashing exacerbating its 20% dip caused by whale sell-offs since the exclusive, invite-only event for the largest holders of $TRUMP meme coin. Widespread Whale Sell-off Tanked Trump Coin Price by 20% In what appears to be a classic ‘buy the rumor, sell the news’ scenario, the meme coin has continued to crash both before and in the days following the event, despite having gained 43% from $9.10 to $16.43 after the dinner’s announcement on May 23, 2025. The sudden drop left many investors questioning whether insider profit-taking played a role, as blockchain data revealed large wallets offloaded significant amounts of Trump Coin in the hours following the dinner, suggesting the event may have marked a local top rather than a new beginning. According to data from SOL scan, only eight of the twenty-five wallets that qualified for the VIP access retained their tokens the next day after the dinner. As a result, the total average holdings in the VIPs’ wallets dropped from 4.78 million to $2.11 million. TRUMP/USD 4-hour chart Trump Coin Price is 2.35% Up, While Social Dominance has Climbed by 3.94% Despite the weekend sell-off, Trump Coin price is trading at $12.76 following a Monday gain of 2.35%. The increase was accompanied by a surge of 18,100 social mentions, while social dominance rose by 3.94%, according to LunarCrush. Social dominance 1-week chart CT Slams $1m Per Person, Per Plate as Assembly-Line Food A number of attendees to the exclusive dinner posted the food served at the event, which drew a string of backlash from the crypto community on X. Some critics said the event served food “worse than airline meals” despite charging a hefty $1 million worth of Trump Coin for a plate. “The worst food I’ve…
The post Is Trump Coin Price Doomed to Disappear Into Irrelevance After Crypto Dinner? appeared on BitcoinEthereumNews.com.
With the conclusion of Crypto Dinner, Trump Coin price could continue crashing exacerbating its 20% dip caused by whale sell-offs since the exclusive, invite-only event for the largest holders of $TRUMP meme coin. Widespread Whale Sell-off Tanked Trump Coin Price by 20% In what appears to be a classic ‘buy the rumor, sell the news’ scenario, the meme coin has continued to crash both before and in the days following the event, despite having gained 43% from $9.10 to $16.43 after the dinner’s announcement on May 23, 2025. The sudden drop left many investors questioning whether insider profit-taking played a role, as blockchain data revealed large wallets offloaded significant amounts of Trump Coin in the hours following the dinner, suggesting the event may have marked a local top rather than a new beginning. According to data from SOL scan, only eight of the twenty-five wallets that qualified for the VIP access retained their tokens the next day after the dinner. As a result, the total average holdings in the VIPs’ wallets dropped from 4.78 million to $2.11 million. TRUMP/USD 4-hour chart Trump Coin Price is 2.35% Up, While Social Dominance has Climbed by 3.94% Despite the weekend sell-off, Trump Coin price is trading at $12.76 following a Monday gain of 2.35%. The increase was accompanied by a surge of 18,100 social mentions, while social dominance rose by 3.94%, according to LunarCrush. Social dominance 1-week chart CT Slams $1m Per Person, Per Plate as Assembly-Line Food A number of attendees to the exclusive dinner posted the food served at the event, which drew a string of backlash from the crypto community on X. Some critics said the event served food “worse than airline meals” despite charging a hefty $1 million worth of Trump Coin for a plate. “The worst food I’ve…
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