Is Trump’s Meme Coin Team Getting Ready to Cash Out Again? The 13% Plunge Says Maybe!

TL;DR

  • Reports are out that the gang behind the TRUMP meme coin has started moving huge amounts of the coin to exchanges. Guess what that usually means? Yup, they’re probably about to sell. 🙄
  • After that totally exclusive TRUMP token holders’ dinner (seriously, who needs a dinner with the President?), the meme coin’s value has dropped faster than you can say “flop.” 🚶‍♂️💸

Trump meme coin

According to Lookonchain (you know, the crypto detectives), a wallet tied to the TRUMP team just moved a cool $47 million worth of TRUMP tokens onto exchanges like Binance and Coinbase. Must be time to cash in, right? 😏

Sure, just because the coins are on exchanges doesn’t *guarantee* a sell-off, but let’s be real—big investors and project teams don’t store their assets on exchanges unless they’re planning to make a move. It’s not like they’re throwing a crypto party over there. 🥳💰

The wallet linked to the $TRUMP team deposited 4.17M $TRUMP($46.97M) into #Binance, #OKX, #Coinbase and #Bybit again 3 hours ago.

— Lookonchain (@lookonchain) June 4, 2025

This isn’t their first rodeo, folks. The TRUMP team’s been busy depositing for months now, especially in April when the token price shot up after that *super exclusive* dinner invitation from the big guy himself. 🏌️‍♂️🎉

Oh, and if you were one of the lucky 220 holders who got invited to that dinner on May 22 at one of Trump’s golf places, congrats, you were practically dining with the *crypto elite*. 🍽️ But let’s just say, the suspicious activity around that event got the Democrats *real* curious. 🤨

Of course, the President is still denying any involvement in profiting from this meme coin, even though NBC News’ Kristen Welker totally tried to get him to spill the tea. 👀

TRUMP coin went from “celebrity dinner hype” to “wait, did I just lose money?” real fast. It nearly doubled to $16 before it plummeted down to under $11 after yet another 13% weekly drop. Someone’s not getting their money’s worth at this dinner… 💸💔

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2025-06-05 09:55