Major $TRUMP Token Holder Sells $2.49 Million Amid 30% Decline

币界网报道:A major holder of the Trump-themed MAGA (TRUMP) meme token sold 375,000 tokens worth $2.49 million, triggering a 30% price drop. The sale, executed via three transactions, liquidated the holder's entire position acquired during the token's early stages. Despite the sell-off, the TRUMP token remains one of the top-performing political meme coins, rallying over 50,000% since its launch last year. The token's price fell from $6.63 to $4.64 following the transactions but has since partially recovered to around $5.50. The TRUMP token, which gained attention during Donald Trump's 2024 presidential campaign, currently holds a $240 million market cap. This incident highlights the volatility in politically themed cryptocurrencies, which often see significant price swings based on holder actions and political developments.

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