The Official Trump (TRUMP) meme coin experienced a 13.53% drop in value in the past 24 hours after a whale sold off its entire holdings. This resulted in a significant personal loss for the whale and triggered increased market volatility. The TRUMP token is currently trading at $13.12, down 57.70% in the past 30 days. The whale had previously made $11.8 million from TRUMP trading but reinvested $33.9 million before eventually liquidating its position and incurring a net loss of $12.6 million. Technical analysis suggests that TRUMP is trading below its key resistance level and may experience further downside pressure, although there is a possibility of a short-term relief bounce. However, readers are advised to exercise caution and this article does not constitute financial advice.
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