A wallet linked to Donald Trump’s official memecoin project transferred nearly $20 million in TRUMP tokens to several exchanges, including Binance and OKX. The move involved about 1.35 million tokens and raised concerns about potential sales, especially since insider token unlocks began recently. The TRUMP token’s price has dropped 9% to $13.78 amidst this activity, following a surge in trading volume driven by excitement around a planned dinner with Trump. The event’s rules incentivize holders, with the top 220 qualifying for attendance. TRUMP dominated memecoin trading volumes, though interest has since waned.
Likely $150M TRUMP insider wallet moves $20M tokens to exchanges as price dips
