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Bitcoin Nears $85K Trump Memecoin Moves

TRUMP Token Movements Amid Market Shifts

  • On September 21, TRUMP team-linked wallets moved an additional 2.4 million tokens to OKX, following a recent transfer of 6 million tokens.
  • A wallet still holds approximately $3.4 million worth of TRUMP tokens, not yet sent to any exchange.
  • The TRUMP token is trading near $2.13, significantly down by about 97% from its peak of $73.43.
  • There are a total of thirty-four scheduled unlocks for the token through December of the year ending in seven years from now.
  • U.S. Senators have asked the SEC to investigate the token due to significant financial losses reported by buyers.

The recent movement of TRUMP tokens to OKX highlights ongoing activity in the memecoin market despite significant value depreciation and political scrutiny surrounding Trump-linked crypto ventures.

(Source)

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