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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.

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