Connect with us

Hi, what are you looking for?

Crypto News

Is Trump Coin Price Doomed to Disappear Into Irrelevance After Crypto Dinner?

Trump Coin Price could continue crashing amidst a 20% dip caused by whale sell-offs after Thursday evening’s crypto dinner, an exclusive invite-only event for the largest holders of Trump’s meme coin, TRUMP. 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… Read More at Coingape.com

The post Is Trump Coin Price Doomed to Disappear Into Irrelevance After Crypto Dinner? appeared first on CoinGape.

You May Also Like

World News

US Secretary of State Marco Rubio will discuss the possibility of deporting suspected Tren de Aragua gang members to El Salvador in an upcoming...

Science&Tech News

Consumer rights group Which? is suing Apple for £3bn over the way it deploys the iCloud. If the lawsuit succeeds, around 40 million Apple...

Science&Tech News

Battle lines have been drawn between the almost 200 countries meeting in Azerbaijan as they seek to agree a new pot of money to...

Crypto News

The Bank of Russia has issued a directive for financial institutions to prepare for the integration of the digital ruble. The move aims to...