The cryptocurrency market has experienced a sharp downturn as TRUMP meme coins are being sold off by crypto whales. The TRUMP token has lost over 40% of its value within the last 24 hours, causing concern among traders. Two major transactions involving TRUMP meme coins worth $74.22 million have been reported. The sell-off has sparked speculation of further sell-offs and possible market manipulation. Additionally, other Solana meme coins have also recorded losses. The decline in TRUMP tokens comes amid allegations of a pump-and-dump scheme linked to a Cuban wallet. Despite the decline, some tokens, such as BONK and WIF, are still seeing buy signals according to market analysts. The declining TRUMP token has dampened optimism in the cryptocurrency market, and major meme coins like DOGE and SHIB have also seen significant losses. The market now faces uncertainty as investors assess the impact of these developments.



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