A major crypto whale dumped a massive stash of TRUMP tokens after April’s scheduled release, sending shockwaves through the meme coin market. The selloff came immediately after an opening of 40 million tokens – worth over $300 million – that had been secured since the coin’s January 2025 launch.
Talk about terrible timing. The whale, presumably hoping to secure quick profits, watched in horror as the market rebounded spectacularly. In a desperate attempt to recover their position, they ended up buying back in at nearly double their selling price. Ouch.
Classic crypto FOMO – panic selling low, then panic buying high. Some whales never learn their expensive lessons.
The TRUMP token, a Solana-based meme coin associated with Donald Trump, has been on a wild ride since its inception. Initially valued at a staggering $27 billion market cap, the token’s price went into freefall after the whale’s dump, plummeting 89% from its all-time high of $74.27. Trading volume exploded to $384 million as panic spread through the market.
The project’s tokenomics tell an interesting story. Of the initial 1 billion supply, a whopping 800 million tokens were secured and controlled by Trump-affiliated entities like CIC Digital LLC and Fight Fight Fight LLC. Only 200 million were made available during the ICO. The trust’s ethics attorney monitored all major token transactions. Pretty sweet deal for insiders, right?
The whale’s blunder hasn’t gone unnoticed. Ethics experts are raising eyebrows about potential conflicts of interest with Trump’s presidential duties, while crypto veterans are questioning the fairness of the token’s lockup structure. The community’s reaction on social media has been… let’s just say colorful. Over 813,294 individual wallets reported significant losses totaling $2 billion following the market turbulence.
As of April 26, 2025, TRUMP’s market cap sits at $1.6 billion – a far cry from its peak. The project has still managed to rake in over $350 million through sales and fees.
Meanwhile, everyone’s watching nervously for the next opening event, wondering which whale might make the same rookie mistake. Because in crypto, timing isn’t everything – it’s the only thing.
