Whales are actively offloading their TRUMP memecoin holdings, intensifying their market activities amidst declining prices. This panic selling has led to a significant drop in the memecoin’s value.
Currently, TRUMP is trading at 7.3 USD, down 19.84% in 24 hours. The ongoing bearish trend indicates a potential for further price reductions, with predictions of possibly hitting 6.5 USD.
Overall market sentiment remains bearish, demonstrated by negative funding rates and a surplus of sell orders, reflecting the lack of confidence among large holders.
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