{"id":3461,"date":"2025-03-13T06:00:22","date_gmt":"2025-03-13T06:00:22","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/trump-token-takedown-did-insiders-plan-the-crash\/"},"modified":"2025-03-13T06:00:22","modified_gmt":"2025-03-13T06:00:22","slug":"trump-token-takedown-did-insiders-plan-the-crash","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/trump-token-takedown-did-insiders-plan-the-crash\/","title":{"rendered":"TRUMP Token Takedown\u2014Did Insiders Plan The Crash?"},"content":{"rendered":"

The official TRUMP token, designed to commemorate US President Donald Trump\u2019s second presidency, was an instant hit upon launch. The token surged from less than $10 on January 18th to a high of $74.59 on January 20th before quickly surrendering some gains within hours. <\/p>\n

Although the token remained competitive days after the president\u2019s inauguration, by trading above $30, it quickly faded under pressure. TRUMP<\/a> dipped below $20 on February 2nd, and it\u2019s now trading at $10.\u00a0<\/p>\n

Observers say that the broader crypto market and TRUMP\u2019s token are crashing. However, TRUMP\u2019s crash is not without controversy\u201410x Research has disclosed that there was \u201cinsider play\u201d before the coin’s massive drop. While most traders lost billions of dollars during its crash, a sizeable number of early investors cashed in for huge profits.<\/p>\n

\"\"<\/p>\n

Early Investors Cash Out Before Listing In Major Exchanges<\/strong><\/h2>\n

According to 10x Research<\/a>, most early investors cashed in just before major exchanges listed the coin, as its value moved past $60 and briefly hit $70. The coin’s rapid surge in price was welcomed by everyone, with the early investors getting the best seats in the house. After its quick rise, TRUMP suffered a massive drop. From the low $20s, it\u2019s now trading at $10, leaving retail and small traders with losses.<\/p>\n

\n

The $TRUMP<\/a> Dump: When the Hype Fades, Reality Hits<\/p>\n

\"\ud83d\udc47\"1-4) A clear example is the $TRUMP<\/a> coin, where insiders and those with early access at the Washington crypto ball could buy in before the public, while exchanges rushed to list the token as it soared past $60. After briefly\u2026 pic.twitter.com\/PVzLcVbL0m<\/a><\/p>\n

\u2014 10x Research (@10x_Research) March 11, 2025<\/a><\/p>\n<\/blockquote>\n

Losses related to the TRUMP price drop are reminiscent of previous bearish cycles, including the 2021 NFTs boom and bust. With the TRUMP token, the value significantly dropped within the week. By looking at the bigger picture, TRUMP token shed more than 80% since its peak last January. And on-chain data suggests that early investors quickly liquidated their positions, with retail and small traders used as pawns.<\/p>\n

Solana Chain Takes A Hit<\/strong><\/h2>\n

The Solana ecosystem is one of the biggest losers in the token\u2019s crash. Aside from TRUMP, a few other Solana-based tokens faced selling pressure, including Raydium\u2019s RAY token, which dropped by 60% in the last month.<\/p>\n

Even Solana\u2019s native token, SOL, dropped by over 40%<\/a> over the same period. The drop in value for SOL-based tokens suggests that the interest in meme coins or speculative tokens is waning.<\/p>\n


\nPump.fun Also Sees Dramatic Shift<\/strong><\/p>\n

Pump.fun, another leading meme coin platform, has also witnessed a dramatic drop in network activity<\/a>. Over the past year, this platform processed 8.4 million meme coin launches, peaking days ahead of Trump\u2019s inauguration.<\/p>\n

From Christmas season to early January, up to 1.7 million meme tokens were launched on Pump.fun. However, the daily launches on Pump.fun have dropped. Also, participation rates have fallen on this platform, reflecting declining interest on this asset class. <\/p>\n

Feature image from Newsweek, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The official TRUMP token, designed to commemorate US President Donald Trump\u2019s second presidency, was an instant hit upon launch. The token surged from less than $10 on January 18th to a high of $74.59 on January 20th before quickly surrendering some gains within hours. Although the token remained competitive days after the president\u2019s inauguration, by…<\/p>\n","protected":false},"author":1,"featured_media":3462,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[219],"tags":[220,12,254,160,809,109,463],"class_list":["post-3461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-altcoin","tag-altcoins","tag-cryptocurrency","tag-meme-coins","tag-pump-fun","tag-solana","tag-trump"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=3461"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3461\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/3462"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=3461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=3461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=3461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}