{"id":155542,"date":"2025-04-26T20:00:31","date_gmt":"2025-04-26T17:00:31","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=155542"},"modified":"2025-04-26T15:17:05","modified_gmt":"2025-04-26T12:17:05","slug":"major-outflows-hit-trump-linked-memecoin-ahead-of-private-event","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/major-outflows-hit-trump-linked-memecoin-ahead-of-private-event\/","title":{"rendered":"Major Outflows Hit Trump-Linked Memecoin Ahead of Private Event"},"content":{"rendered":"<p><strong><a href=\"https:\/\/app.nansen.ai\/token-god-mode?tokenAddress=0xa80f36ba18c7f721f3f7acdbcdefd3a86869a036&amp;chain=avalanche&amp;tab=token-distribution\" rel=\"nofollow\">Data<\/a> <\/strong>from blockchain analytics firm Nansen revealed that in the week leading up to April 25, the TRUMP token faced significant sell-offs, with outflows totaling over $869 million compared to just $96 million in new inflows among the top 500 wallets.<\/p>\n<p>The announcement offering top holders a chance to meet Trump in Washington, DC, seems to have stirred mixed reactions \u2014 some holders rushed to cash out, while a few new wallets moved into the top ranks, hoping either to secure an invitation or profit from market swings.<\/p>\n<p>Despite the hype, the real identities behind most of the biggest wallets remain hidden. Launched earlier this year ahead of Trump\u2019s return to public office, the memecoin has drawn scrutiny from lawmakers and crypto insiders, who worry about ethical concerns tied to political fundraising through blockchain assets.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-155536\" href=\"https:\/\/cryptodnes.bg\/en\/solana-poised-to-eclipse-ethereum-in-next-bull-run-analyst-predicts\/\" title=\"Solana Poised to Eclipse Ethereum in Next Bull Run, Analyst Predicts\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/solana132113-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Solana Poised to Eclipse Ethereum in Next Bull Run, Analyst Predicts<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Among the top wallet addresses, one named \u201cSun\u201d emerged as the largest holder, owning over 1.17 million TRUMP tokens valued at around $16 million. Speculation immediately followed, linking the address to Tron founder Justin Sun, a known Trump supporter and investor in crypto ventures linked to the Trump family. However, there\u2019s been no confirmation so far.<\/p>\n<p>Other wallets bore names like \u201celon\u201d and \u201cdoge,\u201d fueling rumors about possible involvement from prominent figures like Elon Musk, though no evidence has surfaced. Meanwhile, critics remain wary: with 80% of the token\u2019s supply still under control of the team behind TRUMP, concerns about a potential rug-pull persist.<\/p>\n<p>The dinner event mirrors a similar strategy Trump employed during the 2024 election cycle, when he hosted supporters at Mar-a-Lago who had purchased NFTs tied to his mugshot. Whether any familiar faces from that earlier campaign are among the biggest TRUMP holders this time around remains unclear.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump\u2019s memecoin project has seen a noticeable shift in activity following his announcement of exclusive rewards for major tokenholders, including a private dinner and a possible White House tour.<\/p>\n","protected":false},"author":3,"featured_media":147232,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[424,110,122],"coin_category":[],"class_list":["post-155542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-crypto","tag-doge","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ 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