Memecoin

$TRUMP Coin Faces Potential Crash as Top Holders Prepare to Sell: What’s Next for the Cryptocurrency?

May 10, 2025
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The cryptocurrency sphere brims with uncertainty, and the $TRUMP coin provides no safe harbor.

A recent announcement about a dinner event for the top 220 holders of the $TRUMP token, hosted by none other than former President Donald Trump, caused a major price surge. Now, a series of events unfolding day by day suggests that a steep price drop might be in our near future. As the price surge water recedes, market experts foresee a likelihood that the top-tier $TRUMP holders will soon start to funnel their coins back into the marketplace, a kite-flying prelude to the scheduled May 12 dinner event that promises to be a campfire around which Trump’s most ardent supporters can congregate.

The $TRUMP Coin Surge and Its Rapid Decline

When the announcement first came that Donald Trump would be hosting a sumptuous dinner for the 220 top holders of $TRUMP coin, the market reacted with a spontaneous and dramatic price surge. In the immediate hours following the announcement, the coin’s price shot up—some say even as much as 70%—drawing in not just some new but a lot of old and existing investors’ eyes. Such a price surge isn’t anything remotely close to being uncommon in the very volatile world of cryptocurrency, especially when it comes to the kinds of celebrity endorsements that seem able to pump up a price so fast.

This upward trend has started to show signs of weakening. Once the initial buzz from the announcement started to settle, it became clear that the increase in price wasn’t sustainable over a longer period. The hours right after the peak saw the market make a correction downward, and this time it seems the buzz wore off nearly as fast as it built up.

The Whale’s Impact and Investor Sentiment

A major whale in the $TRUMP coin market is affecting the current market sentiment. Just four hours ago, this whale was reported to have moved a large amount of tokens—224,000 $TRUMP—to the OKX exchange. While this may have first appeared to be a sign of confidence in the $TRUMP coin, the true nature of this whale’s movement is concerning for holders of the coin.

The whale’s move shows that market sentiment is shifting to the bearish side. This is confirmed by some on-chain indicators we have been following. If this whale, who still holds around $6 million worth of $TRUMP tokens, decides to cash out, it would stand to lose around $434,000, based on an opening price of $14.15 and a recharge price of $12.22. Such a large loss in cash value shows that even the most influential holders in the $TRUMP market are starting to reconsider their positions.

For investors in $TRUMP, a mass sell-off by the top holders could create a serious risk. Right now, it seems some of the biggest players in our market are in sell mode, which could mean a lot of downward price action in the near future for our coin, particularly leading up to the May 12th event.

Anticipating the Sell-Off: A Potential Crash?

In the view of numerous people who follow the market, the $TRUMP coin seems to be teetering on the edge of an enormous collapse. As the leading holders of the coin start to vacate their positions, the number of tokens unsold and held by the sellers is bound to surge in the market, and that can only mean one thing: lower prices. We are even now beginning to see some of those top holders starting to sell. When they stop and consider how much they have to lose if they don’t get out now, it becomes clear that many of them will keep selling.

This crash is anticipated by many traders, and it is causing them to act in a certain way. Some traders are taking the chance to short the coin, betting that the value of $TRUMP will decline significantly over the next few days. We have become acquainted with the idea that the number of people shorting an asset is a clear indication of the market’s negative sentiment towards that asset. In the case of $TRUMP, we are shorting it because we think it is going to crash. Or, at the very least, we are positioning ourselves to profit from the downturn.

Conclusion: The Future of $TRUMP

As the countdown continues to the much-anticipated dinner event, the future of the $TRUMP coin remains uncertain. While the initial pump created a brief window of excitement, the waning momentum and the impending threat of a mass sell-off have many traders poised for a possible crash. The whale’s trades, the growing sense of indecision among top holders, and the increased potential for selling all point to a market that could be in for some rough days ahead.

If you are clinging to $TRUMP tokens, you might want to rethink that. Like any cryptocurrency, the market is wildly unpredictable, and with the inkling of a not-so-great future for the actual Trump, many are speculating that the $TRUMP token will get dumped hard pretty soon. If you believe in the project, as it were, do you believe that it will recover and stabilize, or are you also believing that we’re on the verge of a massive crypto crash? Only time will tell.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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