Official Trump Team Unlocks $16.9M in TRUMP, Bearish Signal?

The Official Trump memecoin, $TRUMP, has been trading within a narrow range between $1.50 and $1.60 over recent weeks.

At press time, it traded near $1.56 after declining 2.46% over 24 hours and extending its weekly loss to 4%.

The Trading Volume dropped 17%, reflecting weaker market participation.

A team-linked address transferred another large token batch, moving 10.837 million $TRUMP tokens valued at $16.91 million in a single transfer.

This is the latest in a series of transfers by the team over five months, with a combined value of $172.4 million across three batches.