Official Trump token price drops 8% as team wallets pull $3.39M in USDC

The Official Trump token price tumbled more than 8% over 24 hours ending August 26, sliding to roughly $2.27 after wallets connected to the project’s team quietly converted millions of dollars worth of TRUMP into USDC. The move interrupted a blistering rally that had carried the token up 61% in a single week, and it’s raising fresh questions about how much of that surge was organic demand versus insider positioning.
Key takeaways
- TRUMP fell over 8% in 24 hours to near $2.27, dropping from about $2.46 to an intraday low of $2.16 before a partial recovery.
- Team-linked wallets withdrew $3.39 million in USDC over a 10-hour window using automated liquidity positions on Solana.
- Roughly 646,000 TRUMP tokens moved to OKX in two transfers, plus a separate 2.62 million token transfer worth about $6.2 million.
- TRUMP still trades above its 20-day, 50-day and 100-day EMAs, but faces resistance at the 200-day EMA of $2.71.
- A vesting release of 28.7 million tokens (2.9% of supply) hits on September 18, one of 34 scheduled unlocks running through December 2027.
Significant TRUMP Token Price Decline and On-Chain Liquidity Withdrawal
The pullback traces directly to on-chain activity involving wallets tied to the Official Trump project. Rather than dumping tokens through a single market order, the team used a subtler method that still added real sell pressure to the market.
… Continue reading the full article at the original source below.



