TRUMP Meme Coin Rally Crushed by Insider Selling
The Official Trump meme coin surged by approximately 93% between August 13 and August 23, rising from its record low of $1.37 to a local peak of $3.60 before crashing 33% after team linked wallets transferred $6.2 million in tokens to OKX.
Nearly 988,905 of the 1.48 million wallets that have purchased TRUMP since its January 2025 launch are sitting on combined unrealized losses of $3.81 billion, according to Nansen blockchain data from July 2026.
The TRUMP token's price has been volatile due to a vesting schedule that guarantees a continuous supply of tokens flowing from team wallets to the market.