TRUMP Price Rally Faces Team-Linked Distribution Pressure
TRUMP has shown resilience in its price rally despite team-linked distribution pressure. The altcoin's team sold $3.39 million worth of USDC, but buyers absorbed this extra supply, preserving a strong weekly recovery. TRUMP gained 11.56% in 24 hours and 80.79% across seven days, indicating that demand remained elevated.
However, with the rapid growth in price, team-linked sales could challenge buyers if demand weakens from its recent levels. The durability of the rally might hinge on the continued absorption of tokens coming into circulation as a result of incoming demand.
In spot trading, taker sellers have maintained dominance, continuing aggressive selling in market orders. Despite this, buyers have remained supportive of the price, and team-linked sales strengthened an existing supply challenge rather than introducing selling into a buyer-dominated environment.