Global Stock News

Trump-branded crypto sinks 92% from peak amid insider profit, probes

Trump-branded crypto sinks 92% from peak amid insider profit, probes

$TRUMP, $MELANIA plunged ~90–93% from peaks, wiping out retail while insiders took profits.

Summary

  • Official $TRUMP and $MELANIA are down about 91–99% from highs, with $TRUMP near $3.7 and $MELANIA around $0.12 after the selloff.
  • Market trackers estimate more than $4.3b in retail losses, while roughly 45 whale and insider wallets extracted about $1.2b by selling into early hype.
  • On-chain data shows early wallets rotated into stables before liquidity thinned, and large unlock schedules plus concentrated holdings now overhang prices and may add further selling pressure.

Cryptocurrency tokens bearing the Trump brand name have declined sharply from their peak…

Source link

Share this article

Scroll to Top