The memecoin “Official Trump” (TRUMP) has crashed by over 96% from its all-time high. Amid broader market stress, the TRUMP team has aggressively sold tokens, offloading $57 million worth over the past two months. The coin’s price has dropped 41% in that period, with futures and spot markets showing significant selling pressure.
The “Official Trump” (TRUMP) memecoin has crashed by over 96% from its peak set early in 2025. This collapse followed a drop in politically themed frenzy across the cryptocurrency market.
The TRUMP team has been aggressively dumping its tokens during an extended period of poor market performance. This selling streak extended to March 29th, with the team offloading 5.48 million TRUMP worth $16 million into OKX through a series of transactions.
Over the past month, the team has dumped 17.25 million tokens worth $57 million from January unlocks. At the same time, the team moved 7.28 million tokens into BitGo Custody, which could also be sold in the near future.
Following the latest transfers, the addresses still hold 1.81 million TRUMP tokens worth $5.21 million. Traders often view team selling during poor performance as a further weakening of the market.
This selling spree has coincided with broader market activity. Over $8.3 billion has flowed out of the futures market, compared with $8.07 billion in inflows over the past two months.
The netflow dropped to -$250 million, a clear sign of aggressive futures selling. The same case can be made for the Spot market, with sell volume exceeding 704 million TRUMP in the past day.
The team’s continued selling has had a significant negative impact on the memecoin’s price action. Over the past two months, TRUMP has dropped by over 41%, from $4.8 to $2.8, coinciding with the team’s sales.
As such, TRUMP has traded within a downtrend, excluding a speculative rally on March 13th after Trump’s dinner invitations. Overall, the momentum has been overly bearish, and the Relative Strength Index confirms this.
