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Official Trump token crashes 96% amid heavy team sell-off totaling $57M

Market News
29 Mar 2026
AMBCrypto
View Source
Bearish
pluang ai news

The Official Trump memecoin has plummeted over 96% from its all-time high due to a decline in political market interest and aggressive selling by the TRUMP team. Over the past two months, the team sold 17.25 million tokens worth $57 million, including a recent $16 million sale, which has pressured the token's price down by 41% from $4.8 to $2.8. This selling spree coincides with broader crypto market weakness, including significant outflows in futures and spot markets, signaling bearish sentiment. Unless buyers defend key support levels around $3, the token may continue to decline toward $2.5.

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