TRUMP Coin Dips as $19M in Team Tokens Flood Exchanges

The TRUMP coin has slipped to $14.04 after a wave of on-chain activity revealed roughly 1.3 million tokens, valued at $19 million, moving from team wallets to major exchanges like Binance and OKX.

Recent market activity is revealing new pressure points and breakout opportunities across major tokens. TRUMP coin slid to $14 as team-associated wallets moved $19 million worth of tokens to centralized exchanges, raising red flags about potential sustained sell pressure.

On the other hand, Cardano (ADA) continues to build momentum with bullish technicals suggesting a possible move toward $0.88, provided it clears near-term resistance and maintains current volume levels.

Amid these headline-driven shifts, Cold Wallet (CWT) is emerging as the crypto with the most potential. At Stage 4 of its presale and priced at $0.00743, CWT is earning attention for its privacy-first infrastructure and practical, real-world application, which contrasts with the speculative focus on tokens like TRUMP.

Trump Coin May Continue to Struggle as Team Tokens Flood Exchanges

The TRUMP coin has slipped further to $14.04 after a deep dive into on-chain activity revealed that roughly 1.3 million tokens, valued at $19 million, were moved from team wallets to major exchanges.

The direct transfer of tokens to Binance, OKX, and other exchanges was signaled by TRUMP team wallets, according to TRUMP blockchain analysis.

The timing of these token movements coincides with recent token unlocks, fueling fears among retail buyers that they may be bearing the brunt of insider sell pressure as TRUMP faces selling activity.

Despite high trading volume, with $1.5 billion changing hands over the past 24 hours, the selloff is creating bearish tension on the TRUMP price chart.

Additionally, with further unlocks through next week amounting to $6.89 million daily, analysts are expecting the TRUMP price to drop even lower.

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