Official Trump’s team has transferred about $16.91 million in TRUMP tokens to Fireblocks custody wallets as Senate negotiations over ethics rules in the CLARITY Act remain stalled.
Summary
16.84 million TRUMP tokens were sent to three Fireblocks custody addresses, according to Arkham Intelligence. Arkham said the addresses had previously moved received TRUMP tokens onward to BitGo. Senate Democrats are resisting ethics provisions that leave enforcement solely with the Department of Justice. TRUMP has fallen about 98% from its January 2025 peak of $73.43, based on the supplied market data. TRUMP tokens move to Fireblocks custody wallets Arkham Intelligence reported that the Official Trump team transferred 16.84 million TRUMP tokens, valued at roughly $16.91 million, to three Fireblocks custody addresses on July 25.
“TRUMP TEAM SENT $16M TRUMP TO CUSTODY,” Arkham wrote in its alert, adding that the transfers were split among three Fireblocks wallets.
TRUMP TEAM SENT $16M TRUMP TO CUSTODY
The $TRUMP team just transferred $16.91M of TRUMP to 3 Fireblocks Custody addresses.
These addresses have all received $TRUMP in the past, and all sent their past TRUMP to Bitgo. Are they distributing TRUMP unlocks? pic.twitter.com/Y6XU8dg7qS
— Arkham (@arkham) July 25, 2026 The blockchain analytics firm noted that each destination address had received TRUMP tokens before and later sent those holdings to BitGo. Arkham asked whether the latest movements could be connected to the distribution of TRUMP unlocks.
The transaction does not by itself show that tokens were sold or sent to an exchange. However, the use of custody addresses has drawn attention because a large share of the memecoin’s supply remains tied to insider-controlled wallets.
Crypto tools data cited in the report shows that the team could sell up to 96 million tokens, equal to 9.6% of the total supply and about 40% of the reported circulating supply of 237 million tokens. About 80% of the total supply remains in insider hands, while roughly 670 million tokens, or 67%, have already unlocked.
TRUMP traded near $1.57 at press time, according to the supplied data. That price represents an 83% decline from its year-over-year high and a nearly 98% drop from the $73.43 level reached in January 2025.
CLARITY Act ethics rules put Trump’s crypto ties in focus The transfer comes as Senate Republicans attempt to secure backing for the Digital Asset Market Clarity Act, known as the CLARITY Act, before the August recess.
Senate Majority Leader John Thune has pushed to bring the bill to the floor even without the 60 votes needed to overcome a filibuster. “I would like to at least get Clarity started. We’ll see where the votes are,” Thune previously said.
The House passed the legislation in July 2025, while the Senate Banking Committee advanced it in May 2026 by a 15-9 vote. The bill still needs additional Democratic support, with ethics standards and consumer protections remaining central obstacles.
Republicans have added restrictions on crypto activity by senior elected officials to the latest draft. According to reports by Crypto in America’s Eleanor Terrett and Punchbowl News’ Brendan Pedersen, the White House sent the proposed language to Republican senators on July 20 before Democrats had reviewed it.
The draft would cover the president, vice president, members of Congress, federal judges and their spouses. Covered officials would be barred from issuing or sponsoring digital assets and would have to sell their crypto holdings, use a blind trust, or take both steps.
The provision would expire at noon on Jan. 20, 2029, when Trump’s term is scheduled to end. It would also permit companies to continue using an official’s name, image or likeness when that arrangement existed before the official became subject to the restrictions.
Democratic opposition centers on enforcement Democratic Sen. Angela Alsobrooks has objected to relying only on the Department of Justice to enforce the ethics rules, calling that approach “unserious.”
Alsobrooks said she would oppose the CLARITY Act if the current wording reached the Senate floor. Her stance carries added weight because she was one of two Democrats who supported advancing the bill through the Senate Banking Committee in May.
President Donald Trump accepted the ethics provision earlier this week after Democratic lawmakers made limits on elected officials’ crypto dealings a condition for continued talks. Yet disagreement over who enforces those restrictions has prevented a bipartisan deal.
Democrats pushed for the language after financial disclosures showed Trump earned as much as $1.4 billion from crypto-related ventures last year. Alsobrooks and Sen. Kirsten Gillibrand had told colleagues that the market-structure bill could not advance without conflict-of-interest rules.
What the TRUMP transfer means for US holders For U.S. TRUMP holders, the on-chain movement adds a fresh supply-related risk while the Senate debates whether elected officials can retain ties to token projects. The Fireblocks transfers do not prove sales, but Arkham’s note about prior transfers from the same addresses to BitGo has fueled scrutiny over their potential purpose.
The immediate focus is whether the wallets make further transfers to exchanges or other custodians, and whether negotiators can resolve the DOJ enforcement dispute before the Senate’s August recess.
Donald Trump-backed Official Trump (TRUMP) memecoin team has just moved nearly $17 million worth of its tokens. The latest on-chain transfer comes on the heels of the CLARITY Act deadline, spurring speculations. In addition, the scheduled TRUMP token unlock has led to other lawyer of reasoning behind the move.
Official Trump Team Moves Millions In TRUMP Memecoin Donald Trump’s team shifted 16.84 million TRUMP tokens worth approximately $16.91 million to three Fireblocks custody wallets today, according to Arkham Intelligence data.
“TRUMP TEAM SENT $16M TRUMP TO CUSTODY.” The blockchain analytics platform added, “The $TRUMP team just transferred $16.91M of TRUMP to 3 Fireblocks Custody addresses.”
The transfers were distributed in three wallets. First, approximately 3.555 million worth $5.5 million TRUMP tokens were transferred to an address on Fireblocks. Thereafter, the team moved 3.596 million TRUMP tokens to another address on Fireblocks. At last, 3.686 million TRUMP tokens were shifted to a third address on Fireblocks. The total of the transfers on execution was approximately $16.91 million.
TRUMP TEAM SENT $16M TRUMP TO CUSTODY
The $TRUMP team just transferred $16.91M of TRUMP to 3 Fireblocks Custody addresses.
These addresses have all received $TRUMP in the past, and all sent their past TRUMP to Bitgo. Are they distributing TRUMP unlocks? pic.twitter.com/Y6XU8dg7qS
— Arkham (@arkham) July 25, 2026
Moreover, Arkham said that these wallets had previously also received TRUMP tokens. The firm asked, “These addresses have all received $TRUMP in the past, and all sent their past TRUMP to Bitgo. Are they distributing TRUMP unlocks?”
The latest movement drew attention as a big part of the token is kept under the control of the insiders. The TRUMP team has the ability to sell up to 96 million tokens, or 9.6% of the entire token supply, at the current price tag of $150 million, per crypto tools data. This figure is significant as it is about 40% of the current total token supply of 237 million.
There are currently 80% of the total supply in the hands of the insiders, and almost 670 million tokens (67%) are already unlocked. At press time, the TRUMP token was at $1.57, marking an 83% decline from its year-over-year high and nearly 98% drop from $73.43 in January 2025. According to data, there have been approximately 1 million buyers who have lost a total of $3.81 billion.
The CLARITY Act Factor In Play The Trump coin activity on-chain comes amid digital asset legislation in Washington. Despite recognizing it wouldn’t get 60 votes required for passage, Senate Majority Leader John Thune is trying to get the CLARITY Act to the floor prior to the August recess.
As CoinGape reported previously, Thune said, “I would like to at least get Clarity started. We’ll see where the votes are.” The bill passed the House in July 2025 and passed the Senate Banking Committee the following month with a vote of 15-9 in May 2026. However, the bill still needs to gain about seven Democratic votes to pass and key issues of contention remain: ethics rules and consumer protection.
The ethics provisions crackdown on Donald Trump’s crypto businesses like the TRUMP meme coin. Hence, the recent onchain movement has sparked discussions on the Internet.
TLDR: Trump Coin News centers on a team-linked transfer of 10.84 million TRUMP tokens worth about $16.91 million into a custody route. Lookonchain says team-linked wallets moved $172.4 million worth of TRUMP across three batches during five months. Official Trump (TRUMP) trades near $1.56, while the $1.50 level offers the nearest psychological support if exchange-bound supply increases. Custody transfers do not confirm token sales, and the team has not disclosed whether the movement reflects storage, liquidity planning, or distribution. Trump Coin news has returned to on-chain flows after a team-linked wallet transferred 10.84 million TRUMP tokens. The assets were worth about $16.91 million when trackers flagged the movement on July 25. Lookonchain described the transfer as the third large batch from the same wallet cluster in five months.
The TRUMP price traded near $1.56 after the move, down about 2.6% over 24 hours. Coingecko data shows the market value reached near $387 million and daily volume around $198 million. The transfer adds new supply concerns, although blockchain activity alone cannot confirm that the team sold any tokens.
Trump Coin News Tracks Third Major Team Wallet Transfer Lookonchain says the latest team wallet transfer followed a route seen during two earlier distributions. Tokens first leave the allocation wallet before moving through institutional custody infrastructure. Previous batches later reached centralized exchanges, including OKX, according to on-chain reports.
The #Trump team transferred out another 10.84M $TRUMP($16.91M) 1 hour ago, likely to be deposited into BitGo and then sent to exchanges.
Over the past 5 months, the #Trump team has transferred out 48.25M $TRUMP ($172.4M) in 3 batches.
After each transfer, the price of $TRUMP… pic.twitter.com/XdL9NZikpr
— Lookonchain (@lookonchain) July 25, 2026
On-chain analyst Yu Jin said that the 10.837 million tokens could move through BitGo before reaching exchange accounts. Arkham-linked reporting also identified transfers involving Fireblocks custody addresses. These services can support secure storage, settlement, or exchange routing, so a custody deposit does not prove immediate selling.
TrumpCoin News reveals the team-linked wallets moved 48.25 million TRUMP, valued at $172.4 million, across three batches. According to market data, those periods had a price decline exceeding 66%.
That figure shows correlation, not confirmed causation. TRUMP also trades as a high-volatility memecoin and often reacts to Bitcoin, liquidity conditions, and wider risk sentiment. Yet large exchange-bound flows can increase available supply and weaken confidence when demand does not rise at the same pace.
TRUMP Price Holds $1.50 as Exchange Flow Risk Builds The TRUMP price remains close to the lower end of its recent trading range. Coingecko data shows the Official Trump (TRUMP) price reached a 24-hour low near $1.55 and a high around $1.61. The $1.50 area now acts as the nearest psychological level watched by short-term traders.
Official Trump (TRUMP) Price A break below that zone could expose the $1.40 to $1.45 area, especially if fresh tokens reach exchanges. Conversely, stabilization above $1.50 may limit immediate pressure if Bitcoin and the broader crypto market recover. Trading volume will help show whether sellers gain control or buyers absorb the additional supply.
Trump coin news may remain sensitive to destination addresses over the next several sessions. Transfers into custody wallets may reflect treasury management, liquidity planning, or preparation for exchange deposits. Only later movements into known trading venues would strengthen the case for active distribution.
The team has not publicly confirmed the purpose of the latest transfer. That leaves wallet labels, transaction routes, and subsequent exchange deposits as the main evidence available to traders.
Official Trump [TRUMP] memecoin traded within a narrow range between $1.50 and $1.60 over recent weeks.
At press time, TRUMP traded near $1.56 after declining 2.46% over 24 hours. It also extended its weekly loss to 4%. Meanwhile, Trading Volume dropped 17%, reflecting weaker market participation.
Why did the TRUMP team move 10.8M TRUMP? While Official Trump [TRUMP] struggled on the charts, a team-linked address transferred another large token batch.
According to Arkham, the address moved 10.837 million TRUMP, valued at $16.91 million.
Source: Arkham Over five months, the team reportedly transferred 48.25 million tokens across three batches. Their combined value at each transfer was $172.4 million.
Previous batches later moved through BitGo before reaching centralized exchanges. However, the latest tokens had not necessarily followed that route yet.
The transfer itself did not create new tokens. Still, unlocked tokens entering exchanges could expand the sellable supply and pressure TRUMP’s price.
Are traders preparing to sell? The transfer coincided with cautious activity across TRUMP’s futures and Spot markets. Futures Outflows reached $27.02 million, while Futures Inflows stood at $24.7 million.
Source: CoinGlass As a result, Futures Netflow fell to -$2.32 million. The negative reading showed more capital leaving futures exchanges than entering them.
However, the data alone could not confirm whether traders closed positions or moved funds elsewhere. By contrast, Spot Netflow turned positive at $107,000 after recording -$500,000 the previous day.
Source: CoinGlass Positive Spot Netflow indicated that exchange deposits exceeded withdrawals. This could increase near-term selling pressure if holders liquidate those tokens.
Can the memecoin defend $1.50? Despite the transfer, TRUMP’s momentum indicators showed no clear directional advantage. The Aroon Up measured 50, while the Aroon Down stood at 42.
Source: TradingView The narrow gap suggested that neither buyers nor sellers had established firm control.
At the same time, the MACD continued rising but remained below zero. This suggested improving momentum within a still-bearish structure.
Taken together, the indicators could support further consolidation between $1.50 and $1.60.
However, stronger selling could push TRUMP toward $1.40. Holding $1.50 may keep the existing range intact.
Final Summary A team-linked address transferred 10.837 million TRUMP tokens valued at $16.91 million. Positive Spot Netflow raised selling concerns, although TRUMP retained its narrow trading range.
Political memecoins have always attracted attention, but few have generated as much debate as Official Trump ($TRUMP). Once one of crypto’s biggest success stories, the token has become a symbol of how quickly sentiment can change in speculative markets.
With prices remaining far below previous highs and fresh reports highlighting investor losses, many traders are exploring projects built around broader ecosystems rather than political narratives. MemeToro ($MT) is one of the presales gaining traction by focusing on AI-powered tools and community infrastructure instead of celebrity branding.
Trump Memecoin Remains One of Crypto’s Most Controversial Tokens The Official Trump memecoin continues to dominate headlines for reasons beyond its market performance.
Recent reports estimate that nearly 988,905 wallets have lost money on the token, with combined investor losses reaching approximately $3.81 billion. At the same time, President Donald Trump’s financial disclosures showed around $635 million in royalties from the memecoin licensing agreement, while his broader cryptocurrency ventures reportedly generated more than $1.4 billion during his first full year back in office.
The contrast has fueled debate across the crypto industry.
Many investors point to the difference between issuer earnings and retail outcomes as a reminder of how unpredictable politically themed memecoins can become. The token itself has fallen more than 96% from its all-time high of roughly $75, trading around $1.58 during recent market updates.
Despite the decline, $TRUMP remains one of the most recognized political tokens in crypto.
Its price continues reacting heavily to political news, public appearances, and market sentiment rather than platform development or ecosystem growth.
That dependence on external events has encouraged some investors to look toward projects with utility beyond branding alone.
MemeToro Builds Around Communities Instead of Personalities Rather than depending on one public figure or viral trend, MemeToro ($MT) is designed as a platform where different communities can launch and grow their own projects.
Creators receive dedicated profile pages where they can introduce their ideas, publish updates, and interact directly with supporters. Every project also includes transparent dashboards showing token allocations, liquidity information, and wallet activity, giving users more information before participating.
The platform also encourages long-term community engagement through several integrated features.
Some of the ecosystem highlights include:
Creator pages with live updates Public meme galleries Community reward programs DAO governance through $MT AI-powered sentiment monitoring Transparent token dashboards The goal is to help projects build active communities rather than relying entirely on celebrity attention or short-term market excitement.
Your Step-by-Step Guide to the $MT Presale No technical background needed. Just head to the official site and click the active presale link to get started. Next, connect a wallet that’s compatible with BNB Chain. When it’s time to pay, you can choose BNB, ETH, stablecoins, or a card. Confirm the purchase and your tokens land in your wallet almost instantly.
Getting in early isn’t just about price. Early buyers get first crack at staking rewards, trading tools, and new features as MemeToro ($MT) rolls them out.
MemeToro’s public presale is currently progressing through Stage 4. The project has raised $80,178.47, reaching 73.28% of its current funding goal of $109,411.90.
The current entry price remains $0.00232 per $MT, while the official launch price has been fixed at $0.01875.
Investors Are Looking Beyond Political Narratives The Trump memecoin remains one of the most recognizable names in crypto, but its recent performance highlights how quickly sentiment can shift around politically driven assets. As more investors evaluate projects before buying, many are paying closer attention to platforms with broader ecosystems instead of tokens tied to individual personalities.
MemeToro ($MT) reflects that changing approach by focusing on creator communities, transparent project information, AI-powered market insights, and long-term platform development while continuing to build momentum through its Stage 4 public presale.
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An individual who leverages the Official Trump (CRYPTO: TRUMP) memecoin to score invitations to events hosted by President Donald Trump found disclosure of his billion-dollar cryptocurrency profits "absurd" and "mind-blowing."
‘In Europe, Something Like This Would Never Happen’Fast forward almost 14 months, and the $1.4 billion fortune Trump made on these cryptocurrency projects is what everyone’s talking about.
“It’s quite absurd to be honest, a president that monetizes his presidency the way he did,” said Mortensen, who is from the Netherlands, in an interview with Benzinga. “In Europe, something like this would never happen.”
Mortensen called it “mind-blowing” that Trump monetizes not only cryptocurrency but also merch, watches, and trading cards.
‘Memecoins Almost Never Last’The TRUMP memecoin was launched just before Trump’s presidential inauguration in January 2025. It reached a market capitalization of nearly $15 billion shortly after the launch, before collapsing by 98% to $368 million at the time of writing.
On-chain analysis revealed that nearly one million investors who bought the TRUMP meme coin collectively lost $3.81 billion. All this while Trump collected more than $635 million in royalties from the project.
But Christensen never really had confidence in the memecoin. He sold all his TRUMP in the first week and only uses a market-neutral strategy—buying the memecoin while shorting the same amount—just to get invited to Trump-hosted events.
“Memecoins almost never last,” he said. “It’s attention economy, and if you’re not out in first week or two weeks, then shame on yourself.”
So, if given the chance, would he use the same market-neutral strategy to attend those fancy events again? Christensen replied, “Absolutely.”
What About WLFI?Christensen revealed that 80% of his World Liberty Financial (WLFI) tokens are locked, but he managed to sell 20% of the unlocked portion.
“I hold a significant amount on paper, but in my mind, it’s kind of worth zero because it’s a two-year lock,” he said. In two years, a project can die easily.”
It’s worth reminding that Trump earned over $520 million from the sale of tokens issued by World Liberty Financial, and over $65 million from equity sales in WLFI’s holding company, WLF Holdco.
The Rise Of The ‘Crypto President’The disclosures have sparked massive backlash and conflict-of-interest concerns, prompting Sen. Elizabeth Warren (D-Mass.) to call for ethical safeguards in cryptocurrency legislation to block any opportunities for Trump to profit.
Dylan Dewdney, co-founder and CEO of agentic finance platform Kuvi.ai, said the optics are poor and that the “long-term damage will be to crypto’s credibility” rather than to any one politician.
“This is, unfortunately, a case of crypto making its own bed and now having to lie in it,” he said.
Trump has defended his cryptocurrency income, asserting there was nothing “illegal” or “wrong” about it.
A White House spokesperson told Benzinga that all of the President’s assets are held in “fully discretionary accounts” managed by “independent third-party financial institutions,” while rejecting any allegations of conflicts of interest.
Photo Courtesy: Joey Sussman on Shutterstock.com
Market News and Data brought to you by Benzinga APIs
Nearly one million investors who bought President Trump’s official TRUMP (CRYPTO: TRUMP) meme coin have collectively lost $3.81 billion, according to an investigation by blockchain analytics firm Nansen.
$3.81 Billion Loss Vs. $636 Million ProfitNansen found that 988,905 wallets, constituting around two thirds of all TRUMP buyers, were underwater through the end of June 2025.
Nansen noted those gains were concentrated among a relatively small group of early buyers who benefited before the token’s sharp decline.
The report follows the President’s annual financial disclosure, which showed he earned approximately $636 million from the meme coin project in 2025.
Trump and affiliated entities generated revenue through trading fees, allowing them to profit regardless of whether the token’s price rose or fell.
TRUMP was launched three days before the 2025 presidential inauguration and has fallen about 97% since reaching an all-time high of $75.35.
Retail Vs. Sophisticated TradersAs cited by The New York Times on July 4, the Nansen report underscores the widening gap between sophisticated traders and retail investors in the meme coin market.
The analytics firm said early participants, many using automated trading strategies, captured outsized gains during the token’s initial surge, while later retail buyers absorbed most of the subsequent losses.
The White House rejected suggestions that Trump profited at the expense of investors.
"President Trump proudly made the U.S. the crypto capital of the world," White House spokeswoman Anna Kelly told The New York Times.
"All actions by President Trump and his administration are taken in the best interest of the American people."
Benzinga has reached out to the White House with request for comment.
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
Meme coin dominance has slipped to 3.7% of the altcoin market, its lowest level since February 2024, according to CryptoQuant. Analyst Darkfost says the number of meme coin holders now sits at a three-year low.
The reading marks a steep retreat from November 2024, when a post-election trading frenzy pushed meme tokens above 10% of the altcoin market. Capital has since flowed elsewhere.
Meme coin holders are becoming increasingly rare. Source: CryptoQuant Capital Rotates Toward Utility TokensThe dominance ratio weighs the combined value of meme tokens against the wider altcoin market. A falling reading shows the group losing ground to its rivals.
“Meme coin holders are becoming increasingly rare,” Darkfrost highlighted.
The rotation shows up in raw market value. Meme tokens are worth roughly $28 billion combined. Real-world asset (RWA) tokens, a sector now drawing capital, top $64 billion, more than double that, per CoinGecko data.
Analysts tracking the current altcoin narratives point to artificial intelligence (AI), RWA, and decentralized finance (DeFi) as the main draw.
Dogecoin (DOGE) remains the biggest meme coin, worth about $12.1 billion. That is close to half the entire sector’s value.
Long-Term Holders Feel the SqueezeFew cases show the shift better than Murad Mahmudov. On the Token2049 stage in 2024, he pitched a meme coin supercycle, arguing culture-driven tokens would outrun Bitcoin and Ethereum.
He has held that meme coin portfolio for more than two years. On-chain data tracked by Arkham shows he has not sold a single token. The portfolio has still fallen about 81% from its peak.
MURAD HAS BEEN HOLDING MEMECOINS FOR 2 YEARS
Murad has been holding his memecoin portfolio for over 2 years now. He’s down 81% from his portfolio all-time-high – but he’s still holding.
He never sold anything. Will Murad make it after all? pic.twitter.com/85VxzfwmPq
— Arkham (@arkham) July 3, 2026 SPX6900 (SPX) leads that book. The token trades near $0.40 and is down roughly 67% over the past year, well below its July 2025 high.
SPX6900 (SPX) Price Performance. Source: CoingeckoPolitical meme coins have fared worse. Official Trump (TRUMP), launched days before the January 2025 inauguration, spiked near $73 before collapsing. It now changes hands around $1.71, down about 98%, and most of its buyers sit underwater.
Perhaps the most blatant example of corruption in the history of American politics. pic.twitter.com/SlNdRmWFvg
— Charlie Bilello (@charliebilello) July 1, 2026 The pattern has precedent. The last time meme dominance sat this low, in early 2024, a sharp rally followed within months. Whether that repeats depends on retail traders returning, and for now a fresh meme coin season looks distant while money favors tokens with real-world uses.
President Donald Trump’s memecoin has generated a reported $636 million payout for him while nearly 1 million buyers have collectively lost $3.81 billion, according to newly analyzed blockchain data and financial disclosures.
Summary
Nansen said nearly 989,000 TRUMP memecoin wallets lost a combined $3.81 billion by the end of June. Trump’s 2025 financial disclosure reported a $636 million payout from the TRUMP memecoin and at least $1.4 billion in crypto-related income. The disclosure has renewed political scrutiny, with Sen. Kirsten Gillibrand pushing for stricter ethics rules in pending crypto legislation. According to a report by The New York Times, citing blockchain analytics firm Nansen, 988,905 wallets that bought the Official Trump (TRUMP) memecoin had recorded cumulative losses of $3.81 billion through the end of June. Nansen said the figure includes both realized losses and paper losses held by investors who have not yet sold their tokens.
The analysis followed the release of Trump’s 2025 financial disclosure, which showed he received a $636 million payout tied to the TRUMP memecoin. The filing also disclosed at least $1.4 billion in crypto-related income during the reporting period, largely connected to licensing agreements linked to the memecoin and token sales by Trump-backed World Liberty Financial (WLFI).
Unlike retail buyers, Trump benefited from trading activity regardless of whether the token price rose or fell because the venture generated revenue from transactions, The New York Times reported. During the token’s launch, Trump repeatedly promoted the memecoin on Truth Social, encouraging supporters to purchase it.
Three days before his January inauguration, Trump introduced the TRUMP memecoin, describing it on social media as a way for supporters to join his community. Since then, the token has fallen sharply from its peak. Nansen said the memecoin traded at about $1.76 on Friday, roughly 97% below its all-time high of $75.35.
Retail investors absorbed most of the losses According to Nansen, roughly two out of every three wallets that purchased the TRUMP token have lost money. The firm also found that fewer than 500,000 wallets generated about $4 billion in combined profits, with gains concentrated among a relatively small group of early participants who entered before the price surged.
The report said automated traders and experienced crypto investors typically capitalize on the rapid price swings common in memecoins by buying early and selling into retail demand. Nansen concluded that most profits were captured by this smaller group, while later buyers accounted for the majority of losses.
One investor interviewed by The New York Times, Nicholas Pinto, said he invested roughly $500,000 in the TRUMP token after supporting Trump in the 2024 election and estimated he had lost about half of that investment. Pinto argued that Trump’s public position encouraged confidence among buyers and described the project as “almost a legal scam.”
Responding to criticism, White House spokeswoman Anna Kelly told The New York Times that Trump had made the United States the “crypto capital of the world” and said his actions were taken in the interests of the American people.
Crypto earnings continue to draw political scrutiny In a recent CNBC interview, Trump said he was unaware that his crypto ventures had generated at least $1.4 billion, adding that he could know the exact amount if he wanted to and insisting there was nothing improper about earning money from digital assets. He also said he had no plans to distance himself or his family from their crypto businesses.
World Liberty Financial has also faced losses among investors. According to Nansen, 85% of the 26,663 WLFI wallets it tracked were underwater, recording combined losses of about $83 million compared with roughly $23 million in profits. The firm noted that the actual losses are likely much larger because many secondary-market transactions on exchanges cannot be traced publicly.
The financial disclosure has also intensified political debate in Washington. Sen. Kirsten Gillibrand recently renewed her call for ethics rules that would prohibit government officials and their spouses from creating or promoting crypto memecoins while Congress considers the CLARITY Act.
According to Gillibrand, Senate negotiations are also examining stablecoin yields, anti-money laundering safeguards, and ethics provisions before lawmakers move the legislation forward.
Several altcoins are gaining attention today, driven by growing interest in political and celebrity-themed cryptocurrencies. Among the standout performers is TRUMP, Donald Trump’s official coin, which skyrocketed to a $15 billion market cap within just 24 hours of its debut.
MELANIA, a coin referencing Trump’s wife, followed with strong momentum, reaching hundreds of thousands of holders but entering a sharp correction. Meanwhile, Dogelon Mars (ELON), a meme coin related to the image of Elon Musk, saw its price double after weeks of sideways trading, highlighting the growing trend of meme coins tied to influential figures.
Official Trump (TRUMP)TRUMP, Donald Trump’s official coin on Solana, became one of the fastest-growing altcoins ever, reaching a $15 billion market cap and $2 billion in trading volume within 24 hours of its launch. Its explosive debut reflects significant interest as it coincided with Trump’s inauguration.
TRUMP Price Analysis. Source: DexscreenerThe coin now has over 850,000 holders and records more than 60,000 daily transactions. However, TRUMP has been down 34% in the last 24 hours, with key resistance levels at $64.5 and $71.8 if momentum returns.
If the euphoria continues to fade, TRUMP could fall further, testing support at $30.33 and possibly dropping to $15.43.
Melania Meme (MELANIA)MELANIA, a coin referencing Donald Trump’s wife, was launched on Solana just hours after TRUMP, quickly reaching billions in market cap. Its rapid rise shows how political-themed coins could be among the hottest narratives for this week.
MELANIA Price Analysis. Source: DexscreenerThe coin now has over 420,000 holders and a market cap of $868 million, but it has been down 43% in the last six hours. If the correction persists, MELANIA could test support at $3.95, signaling further downside pressure.
On the other hand, renewed hype could push MELANIA to test resistance at $9.36. A breakout above that level might drive the price toward $13.5, reigniting bullish momentum.
Dogelon Mars (ELON)Dogelon Mars (ELON), a meme coin referencing Elon Musk, is trending amidst the buzz surrounding Donald Trump’s inauguration. Musk’s perceived support for Trump has brought renewed attention to Musk-related altcoins, boosting its popularity.
ELON Price Analysis. Source: TradingViewELON, which had been trading sideways for weeks, began surging on January 19, doubling its price in hours and reaching its highest levels since 2022. This shows that this kind of celebrity/political meme coin is on the rise.
If a correction occurs, ELON could test support at $0.00000017, with a risk of further declines below $0.00000010. However, if the hype persists, the coin may rise again to $0.00000068, potentially testing $0.00000090 with a strong uptrend.
President Donald Trump refuted claims that he is financially benefiting from his Official Trump (CRYPTO: TRUMP) meme coin during an interview that aired Sunday.
“I haven't even looked," Trump said, implying he was unaware of the coin’s gains and the market valuation it has spawned since launch. "If I own stock in something, and I do a good job, and the stock market goes up, I guess I'm profiting."
See Also: If You Bought $1 Worth Of Bitcoin At Launch, Here’s How Much You’d Have Today
Trump stated that he started endorsing cryptocurrency before his presidency. “I want crypto. I think crypto's important because if we don't do it, China's going to. And it's new, it's very popular, it's very hot.”
When Trump was asked if he would donate cryptocurrency earnings back to the government, he replied, “Should I contribute all of my real estate that I've owned for many years if it goes up a little bit because I'm president and doing a good job? I don't think so.”
Why It Matters: Trump’s denial adds another layer to the ongoing debate surrounding the ethical implications of his involvement in the cryptocurrency market.
The meme coin, 80% of whose supply is controlled by an affiliate of the Trump Organization, emphasizes that TRUMP is not a political initiative or investment opportunity but an expression of support for Trump's ideals.
The token bumped to an all-time high of $75.35 shortly after its launch but has since cratered more than 85%.
Price Action: At the time of writing, TRUMP was exchanging hands at $11.12, up $0.12 in the last 24 hours, according to data from Benzinga Pro.
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Bitcoin, Ethereum, XRP, Dogecoin Slide Into Red As Q1 GDP Slides Into Contraction Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
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Here are some of the latest updates on Binance's platform.
TL;DR
The company made some amendments to its loan program. It also launched certain perpetual contracts with up to 50x leverage and announced upcoming delistings of select spot trading pairs. Additional Support for These Tokens The world’s biggest crypto exchange announced on its official website that clients can now use Official Trump (TRUMP), Sonic (S), Peanut the Squirrel (PNUT), Virtuals Protocol (VIRTUAL), SSV Network (SSV), Defi App (HOME), and Resolv (RESOLV) as loanable assets on Binance Loans.
Such tokens refer to cryptocurrencies that users can either borrow or use as collateral to borrow other assets. There are two subdivisions of that section: coins that all customers have access to and VIP Loan (designated for high-volume or institutional clients).
Despite the support, all newly added cryptocurrencies to that list remain in the red zone. RESOLV has suffered the biggest decline in the past 24 hours, with its price plunging by 13%. The popular meme coins TRUMP and PNUT are down 3% and 4%, respectively, within this timeframe.
The downtrend coincides with the overall slump of the entire cryptocurrency sector, whose market capitalization dipped to $3.35 trillion. Bitcoin (BTC) briefly plunged to approximately $103,600, while Ethereum (ETH) is fighting to stay above $2,500.
The Recent Listings/Delistings Besides adjusting its Binance Loans section, the company expanded the list of trading choices on Binance Futures. It launched the MYX/USDT and MYX/FUSDT perpetual contracts with up to 50x leverage.
These products enable users to bet on the price of the aforementioned cryptocurrency without owning it, and have no expiration date.
You may also like: Binance Makes a New Push to Secure EU Approval Pushing Back at Reuters: Inside Binance’s Fight for Its European Future Beyond Speculation: Binance Reveals How Crypto Is Transforming Emerging Markets MYX Finance (MYX) reacted positively to the news, with its valuation soaring by 12% and reaching almost $0.10. However, its market capitalization remains insignificant at less than $12 million.
MYX Price, Source: CoinGecko On the contrary, Binance announced some delisting efforts. It will remove the trading pairs CATI/FDUSD, ONE/BTC, and TLM/FDUSD on June 20.
“The delisting of a spot trading pair does not affect the availability of the tokens on Binance Spot. Users can still trade the spot trading pair’s base and quote assets on other trading pair(s) that are available on Binance,” the company clarified.
Solana’s price action this year has followed a clear but uncomfortable pattern. After pushing to a new all-time high around the $296 region in January, the rally quickly lost momentum and transitioned into a steady decline that has persisted for months.
Many traders have attributed this weakness to a risk-off sentiment across crypto, but a deeper on-chain breakdown shared by crypto analyst Ardi on X suggests the story began well before the January peak and has more to do with who was buying and who was quietly exiting.
Distribution Was Already Underway Before The January Peak Solana has been on a clear downtrend since September, when it reached a lower high of around $247 compared to its January 19 all-time high of $293. One of the most important insights from Ardi’s analysis is that Solana’s January all-time high did not mark the start of distribution but rather the culmination of it.
The chart attached to his post shows that selling volume was already increasing months earlier, well ahead of October, meaning that large holders were positioning for exits long before price reached its final peak. From that perspective, the January high looks less like the beginning of a new expansion phase and more like the last push of a rally.
Source: Chart from Ardi on X After that point, price action began forming lower highs, and each rebound attempt lacked the strength needed to reclaim the all-time high. Interestingly, Solana failed to reach a new all-time high, even as other large market cap cryptos like Bitcoin, Ethereum, XRP, and BNB pushed to new all-time highs during the year.
Another interesting feature of the data is the widening gap between retail behavior and that of larger players. Cumulative delta metrics on the chart show that retail-sized wallets have been consistently active throughout the year and are increasing their activity even as Solana’s price moved lower.
On the other hand, mid-sized and institutional wallets tell a very different story. Their activity has been trending downward for months, starting from the January peak and extending up until the time of writing.
Is Solana’s Price Becoming Dependent On Memecoin Activity? Ardi’s analysis also raises a broader question about what is currently driving demand for Solana. Outside of retail activity on Solana itself, one of the few consistent sources of activity has been the memecoin sector. Successes and booms of meme coins like Cat in a Dogs World (MEW), Peanut the Squirrel (PNUT), and Fartcoin (FARTCOIN), which gained traction in the second half of 2024, contributed to Solana’s push to all-time highs during those periods.
Those meme coin successes culminated with the launch of the Official Trump ($TRUMP) token in January 2025 on Solana, which experienced eye-watering gains shortly after its launch. This, in turn, contributed to Solana’s all-time high in January.
However, since then, the TRUMP token and other Solana-based meme coins have been trending downwards in recent months and no longer command the same level of attention or trading intensity they had this time last year. That has led to the view that Solana’s price is increasingly sensitive to the success of memecoins in its ecosystem.
At the time of writing, Solana is trading at $121.50, down by about 58.6% from its January all-time high of $293.
SOL trading at $121 on the 1D chart | Source: SOLUSDT on Tradingview.com Featured image from iStock, chart from Tradingview.com
PANews reported on April 10th that, according to The Block, Trump plans to host an Official Trump Meme Coin luncheon at his Mar-a-Lago resort in Florida on April 25th, and is also scheduled to attend a White House Correspondents' Association dinner in Washington, D.C., that same evening. His ability to attend both events simultaneously has been questioned. The event website's terms and conditions state that Trump "may not be able to attend," and the event may be rescheduled or canceled. Eligible participants may receive a "limited edition Trump NFT" as a substitute. However, the organizers insist that Trump will attend both events, first the Mar-a-Lago meeting, and then fly back to Washington for the dinner. The luncheon is being marketed to top Trump token holders, who are promised opportunities to meet Trump and other undisclosed "celebrity guests." Senators Elizabeth Warren, Adam Schiff, and Richard Blumenthal have written to longtime ally and Meme Coin promoter Bill Zanker, questioning the event and calling on Congress to fully investigate how Trump and his family have profited from the crypto business.
The TRUMP token’s Mar-a-Lago gala announcement on April 25 triggered a whale purchase of 2.2 million tokens, proving that political meme coins still drive speculative spikes even as the token sits 96% below its $73.43 all time high.
While the official trump coin price prediction recalculates around gala hype, the 813,000 wallets that collectively lost $2 billion trading TRUMP show exactly why tools matter more than hype.
Pepeto has raised above $8.8M at $0.000000186 because early wallets see a confirmed Binance listing and 100x potential backed by real exchange tools.
TRUMP Gala Triggers Whale Buying Ahead of April 25 Table of Contents
TRUMP Gala Triggers Whale Buying Ahead of April 25Official Trump Coin Price Prediction and the Entries Built to LastPepeto: Tools That Protect Capital Instead of Extracting ItOfficial Trump (TRUMP): Event Hype Without Sustained ReturnsShiba Inu: Burns Without Price ImpactConclusionClick To Visit Pepeto Website To Enter The PresaleFAQ A crypto whale inactive for five months purchased 2.2 million TRUMP tokens after the gala dinner was announced for the top 297 holders, according to CoinGecko.
The token briefly rallied 50% on similar event marketing in March before giving back most gains, and $427 million in fees has been extracted from TRUMP traders since launch, according to BeInCrypto.
For anyone following the official trump coin price prediction, event pumps create fast moves but the 96% decline shows that without utility, returns do not stick.
Official Trump Coin Price Prediction and the Entries Built to Last Pepeto: Tools That Protect Capital Instead of Extracting It While political meme coins extract fees and ride event hype, Pepeto is building tools that protect every trade and create lasting value ahead of the confirmed Binance listing. Above $8.8M is raised and each presale stage closes faster than projected.
The zero fee swap engine processes token trades across chains at zero cost to the trader, the exact opposite of the fee extraction model that drained $427 million from TRUMP holders. PepetoAI scores positions for risk before capital is exposed, catching contract traps and abnormal activity that most traders only discover after the damage. Both tools are audited by SolidProof and operational right now.
Pepeto’s 186% APY staking yields attract holders who lock tokens before listing day, compressing available supply as demand grows. The cofounder who built Pepe from zero into a cultural force worth billions and is applying that same energy to Pepeto with working tools behind it leads Pepeto, with a developer from Binance engineering the exchange infrastructure.
The official trump coin price prediction audience is noticing because Pepeto offers what political meme coins never did, which is real tools protecting real capital.
Official Trump (TRUMP): Event Hype Without Sustained Returns TRUMP trades near $2.99, down 96% from its $73.43 all time high set in January 2025, according to CoinMarketCap. The token launched days before Trump’s second inauguration and peaked at a $27 billion market cap before collapsing.
The upcoming gala and Trump Billionaire Game launching May 5 on the App Store add utility attempts, but 80% of the supply is held by insider entities with gradual unlocks through 2028.
The official trump coin price prediction from analysts targets $5 to $11 for 2026, which is meaningful from $3 but carries heavy dilution risk as insider tokens unlock.
Shiba Inu: Burns Without Price Impact SHIB hovers near $0.0000059 after falling 93% from its $0.00008616 record, according to CoinMarketCap. Burn spikes keep making headlines, but destroying tokens barely dents 589 trillion supply.
Shibarium activity dropped after the September 2025 exploit, and price trades below every key moving average. For the official trump coin price prediction crowd comparing meme coins, SHIB faces the same problem, hype without tools to hold value.
Conclusion The TRUMP gala triggering whale buying proves that political meme coins still create fast moves, but the 96% decline from peak and $2 billion in collective losses show that without real tools, those moves never stick.
While TRUMP and SHIB ride event hype and burn headlines, neither delivers what presale pricing before a confirmed Binance listing can produce. Wallets keep entering at the Pepeto official website because each round closes faster than expected and the listing date does not wait.
The reader who still regrets missing a past opportunity knows that last cycle turned first movers into millionaires, and Pepeto at presale pricing with a confirmed Binance listing is where the next millionaires of this cycle are forming right now.
Click To Visit Pepeto Website To Enter The Presale
FAQ What is the official trump coin price prediction for 2026?
Analysts target $5 to $11 for TRUMP in 2026, but 80% insider supply and heavy dilution risk cap the return math compared to presale entries with confirmed listings.
Why did TRUMP whales buy before the gala?
Event marketing creates short term pumps, but the 96% decline from peak shows that without real utility, event driven returns do not hold. Pepeto offers tools that create lasting value.
How do presale entries compare to political meme coins?
Presale entries capture the full distance between entry cost and listing price without dilution or fee extraction. Explore the Pepeto official website for stage pricing and tool demos.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Whale activity around Official Trump (TRUMP) is intensifying, with holders accumulating tokens ahead of the April 25 crypto conference and gala luncheon at Donald Trump’s Mar-a-Lago resort.
On-chain tracker Lookonchain reported that one wallet withdrew 850,488 TRUMP worth $2.4 million from Bybit over the past two days. Moreover, a second wallet pulled 105,754 TRUMP from Binance. The wallet now holds 1.13 million tokens valued at $3.2 million.
Follow us on X to get the latest news as it happens
TRUMP Meme Coin Whales Stack Tokens On-chain data from Santiment reveals a clear redistribution pattern since the event was announced on March 12. The largest holder tier, wallets holding between 10 million and 100 million tokens, trimmed positions from 320.09 trillion to as low as 307.95 trillion in late March.
However, the buying activity picked up after, with holdings increasing to 310.1 trillion on April 12.
TRUMP Meme Coin Whale Holdings. Source: SantimentWhales in the 1 million to 10 million range moved in the opposite direction. Those wallets added 5.56 trillion tokens during the same period, bringing their holdings to 166.94 trillion.
Wallets in the 100,000-1 million bracket followed a similar trajectory. Their holdings grew 5% from 96.59 trillion to 101.46 trillion.
BeInCrypto previously reported that the top 297 holders on the leaderboard will earn a seat at the conference. The 29 largest wallets receive VIP access to a private reception with the president.
TRUMP surged over 50% following the March announcement, briefly touching $4.49. However, the token has since given back all of those gains. It traded at approximately $2.8 on April 12.
TRUMP Meme Coin Price Performance. Source: TradingViewOverall, in 2026, the meme coin is down by more than 41% and has lost more than 11% over the past month alone. With the event less than two weeks away, the gap between ongoing whale accumulation and falling prices sets up a volatile stretch for TRUMP holders.
Altcoins are setting up for decisive moves this weekend. Whale accumulation, token unlock overhangs, and structural reversal patterns compete across three watched setups. Thus, BeInCrypto analysts have identified three altcoins to watch this weekend.
On-chain flows, ETF positioning, and chart structure create specific decision points over the next 48-72 hours.
Official Trump (TRUMP)The first of this weekend’s altcoins to watch is TRUMP. The top 100 TRUMP addresses increased their holdings by 2.47% over the past seven days. That adds roughly 23.5 million TRUMP to their combined stash of 976.18 million. Whales in the tier below added another 2.41%. Meanwhile, exchange balances dropped 9.05%, with roughly 14 million TRUMP leaving centralized venues in the same window.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
Holder Distribution: NansenThat accumulation aligns with positioning ahead of the Mar-a-Lago crypto and business conference on April 25. The top 297 holders from the April 10 snapshot get seats at the event. The 29 largest whales receive VIP access to the president. The ramp in holdings before a concrete catalyst hints at weekend altcoin volatility building into next week.
On the price chart, TRUMP has consolidated between $2.77 and $3.11 since late March. The $2.77 support has held on multiple tests. It now forms a cup base with a potential double-bottom inside it. Volume has quietly expanded on the green candles since March 23, a divergence typically seen before accumulation-led recoveries.
TRUMP Price Analysis: TradingViewThe bullish case needs a daily close above $3.11. A clean break would target $3.51, a projected 12.60% move. However, the bearish invalidation is a daily close below $2.77, which would break the double-bottom base and expose lower levels.
LayerZero (ZRO)LayerZero (ZRO) is the next altcoin to watch as a 25.71 million ZRO token unlock is scheduled for April 20. This represents 5.34% of released supply. That tranche is worth roughly $49.62 million at current prices. That event lands on Monday, meaning any selling pressure around it could build through the weekend.
Upcoming Unlock: TokenomistThe unlock matters because of what is happening on the chart. ZRO rallied 73.14% between February 19 and March 18, climbing from $1.38 to $2.39. Since that peak, price has been trading inside a falling channel. The structure is technically a continuation pattern, which means the prior rally can resume if the channel breaks upward. ZRO has tried the upper boundary twice, once on April 8 and again on April 14. Both attempts failed.
A third attempt might form now. However, the timing is poor. Any rally into the channel’s upper trendline this weekend faces the 25.71M token unlock as an immediate overhead wall. That dynamic makes ZRO one of the more complicated weekend altcoin setups to track.
ZRO Price Analysis: TradingViewThe bullish case needs ZRO to defend $1.97, the 0.236 Fibonacci, through Monday. A move above $2.12 would neutralize the channel’s bearish pressure and target $2.24 and $2.36. Yet the bearish invalidation is a loss of $1.97, which would expose $1.73.
Chainlink (LINK)The third of this weekend’s altcoins to watch is Chainlink. Whale holdings outside of exchanges climbed from 650.55 million LINK on April 16 to 663.4 million currently. That is roughly 12.85 million LINK added in under 24 hours, worth approximately $122 million at current prices.
Meanwhile, institutional flows followed the same direction. Chainlink ETFs posted $1.57 million in net inflows on April 16, their biggest day since March 19. That print extends a six-day positive streak, the longest since the product launched in December.
LINK Whale Holdings: SantimentYet the conviction behind those pickups runs counter to what the chart shows. On the daily timeframe, LINK is forming a head-and-shoulders pattern. The head peaked at $10.07 on March 16. The right shoulder has now completed near $9.68 on April 16, which is almost exactly where whales and ETFs are accumulating. The setup creates a rare tension, with big money buying into what is structurally a bearish reversal pattern.
LINK Price Analysis: TradingViewThe bullish case needs a daily close above $9.68 to weaken the pattern. A move through $10.07, the head’s peak, would fully invalidate the structure. The bearish case triggers on a loss of $9.24, the 0.236 Fibonacci, which would expose $8.97 and $8.74. A break of the $7.96 neckline would confirm the pattern and project a roughly 17.5% decline.
Altcoins to watch this weekend are setting up for a concentrated volatility window. A major gala, a privacy coin consolidation, and a recent breakout showing distribution signals are converging across 48-72 hours.
On-chain positioning, derivatives flow, and chart structure create specific decision points over the weekend. BeInCrypto analysts have identified 3 altcoins to watch this weekend, led by interesting reasons and chart setups.
MemeCore (M)The first of this weekend’s altcoins to watch is MemeCore (M). On-chain investigator ZachXBT flagged roughly 90% insider supply concentration a few days back. Yet, the token has kept running despite the call-out. M printed a fresh all-time high near $4.85 just hours ago, extending a vertical rally off the April 19 low of $2.79.
Officially recognized on @ZachXBT ! We’re just getting started.
Please provide a single data point to support your $6B mkt cap at a top 20 token and why insiders hold >90% of supply. pic.twitter.com/rsFD3oBgfM
— ZachXBT (@zachxbt) April 20, 2026 The 12-hour chart carries a conflicted structure. At first glance, the rally from $2.79 on April 19 to $4.85 on April 24 looks like a classic bull flag forming, a pole-and-flag continuation pattern that typically resolves higher.
However, the price also stalled near $4.73 a few days back before pushing slightly higher to $4.85, and that structure can equally be read as an approximate double top. The two readings point to opposite outcomes, which makes the consolidation level critical for altcoin traders tracking the setup.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
MemeCore Price Analysis: TradingViewThe volume tape favors the bearish read.
Between the March 25 swing high and April 24, price trended higher on lower volume, a divergence that typically precedes distribution-led corrections. A pullback to $4.36 or $4.06 could look like a flag consolidation and trigger dip buying.
However, a loss of the $2.79 low breaks the double-bottom base of the entire rally and projects a roughly 41% decline toward $1.64. The pullback can go deeper than flag traders expect.
Zcash (ZEC)The second altcoin to watch this weekend is Zcash (ZEC). The privacy coin has picked up a fresh institutional tailwind. Foundry’s institutional Zcash mining pool, which launched around April 13, is now attracting meaningful hashrate, signaling that institutional miners are onboarding the network. That backdrop feeds a bullish technical setup already forming on the chart.
🚀 Foundry Zcash Pool is officially live! Since our announcement last month, we've seen rapid hashrate growth reaching ~30% of network hashrate. Institutional miners have been looking for compliant, purpose-built $ZEC infrastructure, and we're proud to deliver it.
Additionally,… pic.twitter.com/GOXyKrqhhH
— Foundry (@FoundryServices) April 13, 2026 On the daily timeframe, ZEC is forming a cup and handle pattern, a bullish continuation structure where the cup marks the recovery from a low and the handle represents a shallow consolidation before a potential breakout. The cup formed with ZEC bottoming near $190.60 and rallying back to the local peak of $393.98 on April 10. Since then, the ZEC price has drifted into a tight handle consolidation, currently at $341.14 and pushing toward the handle’s upper trendline.
A bullish catalyst is lining up. The 50-day Exponential Moving Average (EMA) is closing in on the 100-day EMA, and a bullish crossover would add momentum to any handle breakout. The sloping-up neckline, the rising resistance that connects the cup’s two peaks, sits above $400.
Zcash Price Analysis: TradingViewThe weekend setup favors an attempted push, making ZEC one of the most technical altcoins to watch over the next 48 hours. A daily close above $346, the 0.236 Fibonacci level, opens the path to $400. A break above $424, the 0.618 Fibonacci level, would confirm the cup and handle and project an 88.94% move toward $458, $502, and even $800 as the best-case scenario. However, a loss of $298 weakens the structure, and a break under $232 cancels the setup entirely.
Official Trump (TRUMP)The third altcoin to watch is Official Trump (TRUMP). The Mar-a-Lago crypto conference is scheduled for Saturday, April 25. That hard date makes TRUMP the most event-driven of this weekend’s altcoins to watch.
Derivatives positioning hints at how traders are playing it. Despite TRUMP trading down roughly 14% over the past month, Binance’s seven-day TRUMP perpetual data shows cumulative long liquidation leverage at $11.26 million versus short liquidation leverage near $10 million. The mild long bias suggests traders are positioning for a Mar-a-Lago pop. However, if price corrects instead, that same long stack becomes forced-sell fuel on its way to liquidation.
Liquidation Map: CoinglassThe chart does not offer much support for the bulls. TRUMP trades at $2.85 inside a falling channel that has held since January 14, and the recent channel low of $2.70 on March 12 sits just below current price. The key decision level is $2.76. A break under $2.76 triggers the long liquidations and opens a deeper slide.
TRUMP Price Analysis: TradingViewA Mar-a-Lago bounce can push price toward $3.44, which represents a 20% move that still stays inside the bearish channel. Only a daily close above $3.86 flips the structure fully bullish. A break under $2.70 breaks the channel floor and exposes lower levels.
The price drop was instant after the conclusion of the event, making it another 'sell-the-news' move for the token.
After a month of building hype around what was described by the POTUS himself as the “most exclusive” crypto and business conference in the world, in which many big names delivered speeches, the meme coin related to the First Family plunged hard yet again, wiping out over $160 million from its market cap in hours.
Aside from the event hype, there’s another reason why the asset keeps digging new lows.
The Mar-A-Lago Crypto Event The POTUS and his team launched the TRUMP (and later MELANIA) meme coin days before his inauguration in January 2025. The asset quickly skyrocketed to be one of the largest crypto assets, charting an all-time high of over $73 on CoinGecko within hours.
However, it has been predominantly downhill since then, and Trump’s attempts to revive it have seen short-term gains. Earlier this weekend, he hosted the second large event for the biggest meme coin token holders at his Mar-a-Lago club in Palm Beach, Florida. The 297 top buyers who had registered for the contest attended the gathering, while the largest 29 holders went for a “special VIP reception and champagne toast” with the president.
Trump was the keynote speaker, indicating that he felt an “obligation” to support the crypto industry:
“As a president, I have to be able to make sure that all of our industries do well. Crypto is a big industry; it’s actually become somewhat mainstream,” he added.
Many of his family’s crypto ventures, including the meme coins, have faced intense scrutiny from Democrats and certain regulators. A Reuters report claimed that the First Family has profited more than $1 billion from crypto asset sales, including $336 million from meme coin sell-offs made only in the first half of 2025.
It’s worth noting that this event took place hours before the President returned to Washington and was evacuated from another dinner after multiple gunshots were fired.
You may also like: Donald Trump Launches US Quantum Push With Two Executive Orders Is Bitcoin (And Peace) In Trouble as Trump Warns Iran of Fresh Strikes? Trump Says ‘You’re Welcome’ as Oil Is Flowing and Prices Are Dumping TRUMP Plummets As mentioned above, the TRUMP token has been nosediving for over a year, while the two events managed to boost its price briefly as holders rushed to buy to attend the gatherings or just to take advantage of the expected hype. However, once the event concluded, a familiar scenario occurred: the asset tanked almost instantly.
TRUMP peaked at just over $3.1 yesterday before it plunged by 20% to $2.5. Although it has rebounded slightly to $2.65 as of press time, it remains more than 96% away from its all-time high marked just over a year ago. Moreover, there are several reports that the Trump team has continued to dump tokens as the asset recovered some ground in the past few weeks, which is another reason behind today’s crash.
$TRUMP token has crashed -21.5% and wiped out nearly $161 million from its market cap in the past 24 hours.
This came after investors sold before Trump’s Crypto Conference, a classic “sell the rumour” event.
But that’s not the only reason.
Over the last 3 weeks, the Trump team… pic.twitter.com/22UfiGjreL
Trump Reportedly Talked About Iran War, BidenOnly the top 297 TRUMP token holders who registered made it to the event at Trump’s Florida resort, while the top 29 qualifying holders got access to a VIP reception with him.
Sander Lutz, White House Correspondent from Decrypt, reported, citing sources, that Trump spoke for 45 minutes on the cryptocurrency industry, the Iran conflict, Joe Biden, among other topics.
Lutz added that Trump didn’t speak much about the Clarity Act, except to say he supports its passage and would sign it immediately.
Alongside Trump, boxing legend Mike Tyson, motivational coach Tony Robbins, and Tether (CRYPTO: USD) CEO Paolo Ardoino were scheduled to speak at the event.
Did Sun Skip The Gathering?Notably, a wallet tied to Sun held no TRUMP tokens, according to Arkham’s on-chain data.
Sun didn’t immediately return Benzinga’s request for comment regarding the event or his TRUMP holdings.
TRUMP Nosedived 15%Interestingly, the TRUMP memecoin dropped nearly 15% right before the event, fueling speculation of huge liquidations.
Price Action: At the time of writing, TRUMP was exchanging hands at $2.59, down 0.44% in the last 24 hours, according to data from Benzinga Pro.
Image via Shutterstock/ Joey Sussman
Market News and Data brought to you by Benzinga APIs
As is known, US President Donald Trump launched his own altcoin just a few days before officially taking office.
Official Trump (TRUMP), which rose to over $60 after its release, has been the target of criticism ever since.
At this point, a criticism also came from the founder of Moonrock Capital. According to Simon Dedic, the founder of Moonrock Capital, the memecoin named Trump is the biggest obstacle to cryptocurrency regulation.
Simon Dedic, founder of cryptocurrency and blockchain venture capital firm Moonrock Capital, argued that President Donald Trump’s memecoin is the biggest obstacle to creating a clear regulatory framework for cryptocurrencies.
In a post published from his X account, Dedic claimed that the TRUMP meme coin delayed the passage of the Clarity Act by Congress.
Dedic stated that Democrats are using the Trump memecoin issue to demand the addition of ethical clauses, which could lead to the law being completely halted or repealed.
The well-known figure also claims that the president, who portrays himself as crypto-friendly, is too focused on lining his own pockets, thus ruining the legislation the industry needs most.
He also criticized the crypto sector for failing to address this uncomfortable reality.
Dedic pointed out that instead of distancing themselves, members of the cryptocurrency sector attended dinners organized for Trump coin holders and flattered the president. At this point, Dedic emphasized that nothing would change unless someone spoke up.
*This is not investment advice.
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The TRUMP coin price continued witnessing pressure today. It declined after its team’s wallets transferred millions of tokens into and out of custody and exchange addresses.
Offical Trump Team Moves Millions Worth of Tokens The wallet for the “Official Trump Meme: Team Allocation” transferred 4.915 million TRUMP tokens today. According to Arkham Intelligence data, this stash valued at nearly $12.09 million made its way to the Fireblocks custody wallet “3S7zwP.”
Official Trump team transfers TRUMP tokens. Source: Arkham Intelligence Only a few minutes later, wallet 3S7zwP sent 7 million TRUMP, worth approximately $17.22 million, to a BitGo deposit address. It sparked concerns of a Trump coin selloff due to the exchange deposit.
Earlier, around three weeks ago, the team dumped around 7.58 million TRUMP tokens from Fireblocks to BitGo deposit wallets some weeks ago. The on-chain activity from the team wallets led to uncertainty in the market with Trump coin price extending decline.
Earlier, last month, the meme coin continued dropping despite U.S. President Donald Trump’s Mar-a-Lago conference that invited TRUMP holders.
Trump Coin Price Dips Amid Latest Transfer Trump meme coin price chart. Source: TradingView As per market data from TradingView, TRUMP was trading around $2.43-$2.44 in the past few transfers. The token fell about 1.04% in 24 hours following a quick surge past $2.55 in the session before heading back downwards. It defied the overall strong performance in the crypto market today.
The overall trend was also down at higher time frames. According to Coinglass data, the TRUMP coin has lost 14.50% in the last 30 days. Moreover, it nosedived 69.05% over the past six months. In addition, the losses for the yearly timeframe reached almost 49%.
Derivatives activity was indicative of increased volatility after the transfers. Open interest in futures plunged over 10% to around $136.7 million. It suggests that traders are becoming cautious and dumping their Trump coin positions. Meanwhile, 24-hour futures volume edged up to over $196 million.
Liquidation data also indicated that most of the losses taken by the long traders were recent. Total liquidations topped nearly $606,650 in the last 24 hours, with nearly $486,650 in long liquidations. While, Trump coin registered approximately $120,000 in short liquidations.
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Bitcoin’s brief slide under $66,000 dragged the broader market into one of its sharpest selloffs in months, with more than $1.8 billion in positions liquidated. Yet on-chain data shows large wallets or crypto whales are not fleeing in unison.
BeInCrypto tracked four tokens where whale positioning split during the crash, with accumulation in two corners and a clear exit in others.
Maple Finance (SYRUP)As leverage flushed out of the market, some whales used the drop to add a token tied to real yield rather than speculation.
Crypto whales holding Maple Finance (SYRUP) lifted their balance by about 220% in 24 hours. That pushed the cohort to roughly 1.68 million tokens, an addition of nearly 1.15 million SYRUP worth around $180,000. The top 100 addresses or mega whales also grew their stash by 0.97%, close to 11 million tokens or about $1.7 million.
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SYRUP Holder Cohorts: NansenThe buying lines up with Maple’s standing in institutional on-chain credit. Its total value locked, the dollar amount deposited, sits near $3.9 billion. That is up about 21% from roughly $3.22 billion in late April.
Maple Finance TVL Growth: DefiLlamaThat climb came even as the broader real-world asset (RWA) trade cooled. About $1.83 billion sits out as active loans, so most of the capital is deployed and earning rather than idle. The protocol also runs near $75 million in annualized fees. Its yield-bearing products, syrupUSDC and syrupUSDT, pay around 4.7% and 4.1%.
That yield comes from borrowers paying real interest, not token emissions. Holder numbers grew over the past month to more than 4,242. For whales, that profile reads as a growing credit business at a discount. That helps explain the accumulation during a market-wide selloff.
Still not sure about Maple? Well…here’s a quick TLDR for those who still don’t believe my take on it..
Maple now sits at:
• $2.03B TVL
• $1.85B active loans
• $1.51B distributed RWA value
• $17B+ cumulative loan originations
• ~$74M annualized fees
That’s a functioning… https://t.co/XXlV4AmBsE
— Rektonomist (@rektonomist_) June 1, 2026 However, the signal is not clean. Smart money wallets cut holdings 4.63%, and exchange balances rose 2.1%, a hint that not every large holder shares the conviction.
Official Trump (TRUMP)Not every whale leaned in. The risk-off mood hit speculative meme coins hardest.
Whales trimmed their Official Trump (TRUMP) holdings by 1.35% during the session. That removed about 65,800 tokens, near $130,000 at current prices, from the cohort. The modest exit stands out because the top 100 wallets barely moved, leaving regular whales as the main sellers.
This whale distribution fits the token’s weak setup. TRUMP trades near $2, down from a $73 high, with no utility beyond its political brand.
TRUMP Holder Cohorts: NansenDaily unlocks released roughly 900,000 tokens, about $2 million, each day through May, a steady supply drip that pressures price. Plus, upcoming unlocks are due.
The token also carries headline risk, and the latest flare-up in US-Iran tensions gave large holders a fresh reason to cut political exposure during a crash.
Aster (ASTER)The crash also pushed crypto whales out of higher-risk corners of the market.
Whales cut their Aster (ASTER) holdings by 3.42% in 24 hours. That removed about 765,000 tokens, near $520,000, from the cohort. The selling stands out because the top 100 wallets and exchange balances barely moved, leaving whales as the clear sellers.
ASTER Holder Cohorts: NansenThe exit fits the token’s profile as a high-beta bet. Aster runs one of the largest perpetual decentralized exchanges, a venue for leveraged futures. The token launched in September 2025 and rose by more than 2,000% before cooling, and it stays closely tied to Binance.
Notably, ASTER still edged up about 1% on the day, per the chart, so whales sold into strength rather than weakness.
Keeta (KTA)The fourth token shows the most tension. Its price fell hard, yet whales kept buying.
Keeta (KTA) dropped about 8% in 24 hours, one of the session’s weaker performers. Even so, the whale cohort raised its balance 4.56%, adding roughly 6,300 tokens. The sum is small, but whales were the only group adding while every other cohort sat flat.That could be an early dip-based accumulation.
KTA Holder Cohorts: NansenThat lone accumulation ties to Keeta’s RWA ambitions. The Layer-1 network, a blockchain built for global payments, is backed by former Google chief Eric Schmidt and plans to acquire a bank using its KTA reserves.
Eric Schmidt (former CEO of @Google) is the lead angel investor and primary backer for @KeetaNetwork
When you're one of the most successful builders of the modern era (@ericschmidt) it's not about money anymore, but about reputation
If you think Eric Smith just backed Keeta… https://t.co/waN26h5E6U
— Keeta Land (@keeta_land) May 25, 2026 Crypto whales buying into an 8% drop suggests conviction in that infrastructure story rather than a reaction to price.
The risk is that they are early, since the falling price shows broader demand has not yet followed.
Official Trump [TRUMP] fell 2.6% over the past 24 hours, bringing its market cap to $477 million. Daily trading volume dropped 32% to $271 million.
Even so, liquidity remained healthy. The volume-to-market cap ratio stood at 56.88%.
Last week’s breakout sparked bullish momentum, but the recent pullback exposed lingering weakness. This left traders focused on whether the breakout structure could survive the correction.
TRUMP price prediction: Will the $1.80 breakout level hold? After breaking out of a descending channel, TRUMP rallied to $2.40 before entering a correction phase.
Before the breakout, the price consolidated near the channel’s upper boundary. That suggested sellers were gradually losing control.
The pullback remained in play at press time. If TRUMP held above $2, it could consolidate before attempting another move higher.
However, a break below that level could send the token toward $1.80, where the breakout originally occurred.
The Relative Strength Index (RSI) also retested the neutral zone after moving above it. At 51, the indicator reflected mild retracement rather than strong selling pressure.
Source: TRUMP/USDT on TradingView Even during the pullback, buyers remained active. However, momentum appeared limited.
The MACD histogram stayed green, although the bars had begun fading. Meanwhile, the signal line continued pointing upward, hinting at possible continuation.
If support held, TRUMP could target the $2.60-$3 range, followed by the $3.50-$4 zone. Otherwise, the price could slide back into its previous channel.
Why is TRUMP correcting? The ongoing pullback was not driven by technical factors alone.
Profit-taking after last week’s 25% rally likely added pressure. Broader risk-off sentiment across the crypto market may also have weighed on demand.
On top of that, traders faced an upcoming token unlock.
Around 6.3 million TRUMP tokens worth $13.8 million are scheduled for release next week. That represents roughly 0.63% of the circulating supply.
Daily releases of about $1.87 million, or 0.09% of supply, are also expected. Such events often increase short-term selling pressure.
Source: CoinMarketCap Are whales buying the dip? Having said that, some large holders appeared to be accumulating during the pullback.
According to Onchain Lens, a whale withdrew 1.5 million TRUMP tokens worth $3.16 million from Binance. The largest single transfer involved 600,000 TRUMP tokens valued at roughly $1.27 million.
The tokens were moved to newly created wallets outside exchanges. Such transfers are often associated with accumulation rather than immediate selling.
Source: Onchain Lens That accumulation could provide support if buying demand continues. Even so, bulls would still need to defend key levels to prevent a deeper correction.
Final Summary TRUMP memecoin declined 2.6% over the past 24 hours as it moved deeper into a post-breakout correction. Profit-taking and upcoming token unlocks added selling pressure. However, whale accumulation suggested some investors were positioning for a potential rebound.
TRUMP, MELANIA, and LOFI are three meme coins drawing attention today amid renewed market activity and the Trump Gala Dinner. TRUMP has surged 71.7% over the past month, with its market cap back above $3 billion and trading volume up sharply.
MELANIA is up 12% this week and approaching a potential golden cross, while LOFI has rebounded 9% in the last 24 hours despite ecosystem-wide fallout from the Cetus Protocol hack. All three tokens sit near key support and resistance levels, with volatility expected to remain high.
Melania Meme (MELANIA) Launch Date – January 2025 Total Circulating Supply – 396.29 Million MELANIA Maximum Supply – 1 Billion MELANIA Fully Diluted Valuation (FDV) – $392.49 Million Contract Address – FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P MELANIA, the Trump-themed meme coin, made headlines after launching just one day after the official TRUMP token, skyrocketing to a $1 billion market cap within hours.
However, the hype was short-lived—MELANIA quickly entered a steep correction phase, shedding 90% of its value in the following months.
The dramatic rise and fall exemplified the volatility of politically themed meme tokens, with retail sentiment dominating price action.
MELANIA Price Analysis. Source: TradingView.Now, with the highly anticipated Trump Gala Dinner taking place today, MELANIA is regaining some momentum.
The token is up 12% over the past week, and its EMA lines are nearing a golden cross formation—a potential bullish signal. If the setup confirms, MELANIA could challenge resistance at $0.426 and $0.488, with a possible breakout toward $0.574 if momentum accelerates.
However, downside risks remain: if the $0.382 support fails, the price could retreat to $0.357 or even $0.315.
Official Trump (TRUMP) Launch Date – March 2025 Total Circulating Supply – 199.99 Million TRUMP Maximum Supply – 999.99 Million TRUMP Fully Diluted Valuation (FDV) – $15.42 Billion Contract Address – 0x5c85d6c6825ab4032337f11ee92a72df936b46f6 With the Trump Gala Dinner taking place today, attention is turning once again to the official TRUMP meme coin, which was one of the most hyped meme tokens ever launched.
At its peak, TRUMP’s market cap surged to nearly $9 billion within days, capturing headlines and investor speculation alike. While the initial frenzy cooled, the token still commands significant interest, especially during high-profile Trump-related events.
TRUMP Price Analysis. Source: TradingView.TRUMP has rallied 21.3% in the last seven days and 71.7% over the past month, pushing its market cap back above $3 billion. Trading volume is also up 29% in the last 24 hours, hitting $2.37 billion—another sign of renewed momentum.
Technically, TRUMP is hovering just above a key support at $15.31.
Holding that level could pave the way for a retest of $16.44, while a breakdown might send it lower to $13.60, with deeper downside targets at $12.16 and $10.37 if bearish pressure builds.
LOFI Launch Date – November 2024 Total Circulating Supply – 1 Billion LOFI Maximum Supply – 1 Billion LOFI Fully Diluted Valuation (FDV) – $62.86 Million Contract Address – 0xf22da9a24ad027cccb5f2d496cbe91de953d363513db08a3a734d361c7c17503::LOFI::LOFI LOFI was one of the standout meme coins in the rising SUI ecosystem, riding a wave of retail enthusiasm and outperforming many peers in recent weeks.
However, the ecosystem quickly shifted following the $260 million exploit of Cetus Protocol, the leading liquidity provider on SUI. The attack—linked to an oracle vulnerability and now confirmed as a coordinated exploit—forced Cetus to halt all operations.
The ripple effects were immediate: tokens across the SUI network, including LOFI and HIPPO, experienced price crashes of up to 80%, and liquidity pools remain frozen across multiple platforms.
LOFI Price Analysis. Source: TradingView.Despite the chaos, LOFI has shown signs of life, climbing nearly 9% in the past 24 hours.
If the rebound holds, the token could retest resistance at $0.076, signaling a potential recovery in confidence.
That said, technical risks remain elevated—if LOFI loses the $0.056 support, it could spiral further down to $0.040 or even $0.0275.
Shiba Inu has once again been overlooked for a potential ETF launch in the United States.
The Cboe BZX Exchange seeks to list and trade shares of the Canary PENGU ETF. Yesterday, Cboe submitted its 19b-4 application to the U.S. SEC.
According to the filing, Cboe has indicated its interest in listing and trading shares of the Canay PENGU ETF, which aims to provide investors with indirect exposure to the Solana-based meme coin. Bloomberg ETF analyst Eric Balchunas also confirmed the development in an X post.
The Canary PENGU ETF, the first and only spot pudgy penguin filing, just got its 19b-4 filing via CBOE. On clock soon. pic.twitter.com/852jIPtuvF
— Eric Balchunas (@EricBalchunas) June 25, 2025
Canary PENGU ETF This comes three months after Canary first submitted its S-1 application to launch the PENGU ETF in the U.S. The proposed spot-based exchange-traded fund seeks to invest primarily in the PENGU token and Pudgy Penguins NFTs.
Moreover, the Canary PENGU ETF will hold other digital assets, such as Solana and Ethereum. Notably, this move aims to facilitate the sale and purchase of the ETF’s core holdings, PENGU and Pudgy Penguins NFTs.
While Canary sponsors the ETF, CSC Delaware Trust will be the fund’s trustee. Like most crypto-focused ETFs, the Canary PENGU ETF will be structured as a commodity-based product.
Regulatory Process Commences Notably, Cboe has backed Canary’s PENGU ETF application with a 19b-4 filing, officially commencing the regulatory process for the ETF. Per the filing, Cboe seeks to list and trade shares of the Canary PENGU ETF under BZX Rule 14.11(e)(4).
In the meantime, the SEC is expected to acknowledge the application within two weeks of filing. Afterward, the commission will schedule four separate deadlines to decide whether to reject or approve it.
Shiba Inu Overlooked Despite Growing Demand for SHIB ETF This development comes as asset managers continue to bypass Shiba Inu, focusing instead on other meme coins as potential candidates for spot ETFs.
Firms have submitted ETF applications for Dogecoin (DOGE), Pudgy Penguins (PUDGY), Official Trump (TRUMP), Bonk (BONK), and Official Melania Meme (MELANIA).
However, they have consistently overlooked Shiba Inu, despite calls from its community for a SHIB ETF. As previously reported, the Shiba Inu community petitioned Grayscale on Change.org, urging the digital asset manager to introduce an ETF tied to SHIB. The petition has attracted 11,700 signatures since its introduction last year.
In an effort to attract asset managers, Shiba Inu’s marketing lead, Lucie, published a post on X earlier this year, highlighting why SHIB is worth an ETF. She cited the token’s broad accessibility, resistance to manipulation, and community-driven growth.
Despite these efforts, asset managers have largely continued to overlook Shiba Inu as a potential ETF candidate, favoring other meme coins instead.
Meanwhile, Shiba Inu’s popularity in the meme coin niche and the broader crypto market has continued to grow. It currently ranks as the 19th-largest crypto and the second-largest meme coin, with a market capitalization of $6.88 billion.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
