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Trump Coin Team Moves $16.9M Worth of TRUMP Tokens Amid Supply Concerns

Guavy AI Editorial Team
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TRUMP TRU
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The Official Trump (TRUMP) token has seen another large transfer from its team-linked wallets. According to on-chain data, 10.84 million TRUMP tokens worth around $16.91 million were transferred out of a custody route on July 25.

This is the third major batch of transfers in five months, with the total amount reaching 48.25 million TRUMP tokens valued at $172.4 million. The previous batches had price declines exceeding 66% during their respective periods.

The transfer has raised concerns about available supply and its impact on confidence among investors. Market data shows that TRUMP trades near $1.56, with the $1.50 level acting as a psychological support zone for short-term traders.

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