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$TRUMP at $2.65, do you dare to buy the dip?
Yesterday, Trump just finished a top-tier holder dinner at Mar-a-Lago estate, with the first 297 big holders + whales gathering together, rushing in millions of dollars worth of chips before the event, causing a short-term price surge—then what? Classic “sell the news,” dropping 14% within 24 hours, bottoming out at $2.52, hitting a new all-time low.
Falling from $73 to $2.52, a 96% cut.
First, look at the surface: it’s a mess.
In the past 24 hours, TRUMP dropped 4.6%. RSI went straight from 78.4 down to 22.77, what does that mean? 22.77 is deeply oversold. Technical indicators tell you: the selling pressure is almost exhausted, but no one dares to buy.
First thing: Trump himself is still on the platform.
The Mar-a-Lago dinner just ended, and top holders have real-world assets—private dinners, billionaire club entry tickets. The official website also added a password-protected subdomain, possibly preparing to launch TRUMP Coin Club, holding back a big move.
Second thing: someone is fleeing, and it’s whales.
The project team’s wallet moved 15.54 million TRUMP in the past three weeks, worth $46 million. Justin Sun directly liquidated his entire 3% stake and even sued World Liberty Financial. Democratic senators are demanding an investigation into Trump’s role in meme coin activities.
Third thing: but trading volume is still there.
Today, the total global trading volume is nearly $470 million, accounting for over 75% of the market cap. The high turnover characteristic of meme coins isn’t dead; whales and retail investors are still fighting hard.
On one side, Trump himself is endorsing, political narratives can ignite FOMO at any time, with over 650k holders.
On the other side, the team is dumping, big holders are clearing, regulatory investigations are ongoing, and the price has been cut by 96%.
Key support levels are $2.45–$2.52, the last bottom line for bulls and bears.
If you’re a short-term trader: consider light buying at $2.50–$2.55, aiming for a rebound to $2.80–$3.00, with a strict stop-loss at $2.45. Breakout and run, don’t hold the bag, don’t be greedy.
If you’re a long-term gambler: build positions around $2.45 or lower, gradually averaging up as it rises. With midterm elections approaching, as long as a spark ignites political heat, returning to $5–$8 is not a dream.
A 96% cut isn’t meant to scare you, but to wake you up.
The fate of meme coins is: when you’re greedy, they dump; when you’re fearful, they pump. #加密市场行情震荡 $TRUMP