Key Highlights
- The TRUMP token declined over 8% in a 24-hour period, settling near $2.27 following team-associated wallet activity that withdrew $3.39M in USDC
- Team-connected addresses deployed TRUMP tokens into liquidity pools on Solana instead of executing direct market sales
- The token maintains a strong 61% increase over the past week despite the recent decline, rising from approximately $1.40
- An upcoming token unlock event on Sept. 18 will release 28.7 million tokens, representing 2.9% of the total supply
- According to Public Citizen’s analysis, TRUMP token holders collectively face losses of approximately $3.2 billion since inception
The Official Trump (TRUMP) token experienced a decline exceeding 8% during a 24-hour trading period on Aug. 26, settling around $2.27. This downturn followed blockchain activity involving wallets associated with the project team that exchanged substantial token holdings for USDC stablecoins.
Blockchain intelligence analyst Lookonchain identified that addresses linked to the Official Trump project accumulated $3.39 million in USDC across a 10-hour timeframe on the Solana network. Rather than executing traditional market sales, these addresses strategically deployed TRUMP tokens into liquidity pool positions, which automatically converted to USDC as market participants traded against those ranges.
Additional blockchain intelligence from Bitcoin.com revealed approximately 646,000 TRUMP tokens moved to the OKX exchange platform across two distinct transactions. A separate transfer involved 2.62 million tokens valued at roughly $6.2 million at execution time. While exchange deposits don’t necessarily indicate immediate sales, they contributed to heightened supply concerns among market participants.
The token’s value fell from approximately $2.46 to reach an intraday bottom near $2.16 before staging a modest recovery. Current price levels remain substantially below peaks achieved during the recent rally phase.
Market Analyst Projects $15 Price Target
Market analyst Crypto Patel highlighted on X that TRUMP successfully breached bear market resistance positioned at $2.055, posting a remarkable 160% surge from its bottom over just 10 days. Patel suggested that if the $2.055 level establishes itself as reliable support, the token could potentially rally toward $15. However, the analyst recommended traders avoid pursuing momentum trades and instead wait for a price pullback before entering positions.
Notwithstanding the recent daily decline, TRUMP maintains approximately 61% gains across the seven-day period and nearly 52% appreciation over the past two weeks. The token climbed from around $1.40 during the previous week before encountering the latest selling pressure.
Technical Levels and Scheduled Token Release
Examining the daily timeframe, TRUMP currently trades above its 20-day exponential moving average positioned at $1.86, the 50-day EMA at $1.73, and the 100-day EMA at $1.89. The 200-day EMA located at $2.71 represents the primary resistance hurdle ahead. TRUMP momentarily penetrated this level during its advance toward $3 before encountering selling pressure that reversed the move.
The Stochastic RSI indicator displays a bearish crossover pattern, signaling diminishing momentum following a recent period where both indicator lines reached overbought conditions.
A scheduled vesting unlock will release 28.7 million TRUMP tokens on Sept. 18, designated for project insiders and comprising 2.9% of the total token supply. This represents one of 16 remaining unlock events from a total of 34 scheduled releases extending through December 2027.
Research from Public Citizen indicates that approximately 1 million retail cryptocurrency wallets hold unrealized losses totaling $3.2 billion combined since TRUMP’s launch on Jan. 17, 2025. Meanwhile, the top 1% of profitable wallet addresses captured approximately $2.7 billion in gains, representing roughly 80% of all positive returns generated by the token.
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