A large holder transferred 22 million TRUMP tokens worth about $36.5 million from Binance to a new wallet, reducing available supply on the exchange and indicating long-term confidence. TRUMP has repeatedly defended the $1.56 support level despite trading below key resistance at $2.22 and $3.00, keeping the price range-bound. Exchange outflows and a cluster of short positions between $1.70 and $1.74 suggest potential for a short squeeze if buyers push prices higher. However, the asset's technical indicators show fragile momentum, so maintaining support at $1.56 is crucial for any upward move.
Two U.S. senators have called on the SEC to investigate the Trump memecoin following reports that nearly one million investors lost $3.81 billion while Trump-affiliated entities gained $636 million. The token, which fell about 98% from its peak, has ...
Senators Elizabeth Warren and Richard Blumenthal have asked the SEC to investigate whether the TRUMP meme coin involved fraud or improper enrichment after its value plummeted 98% from over $73 to about $1.47. Nearly 989,000 wallets lost a combined $3...
