Trump Memecoin Plummets! Is This the End or a Whale Play?

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  • Trump memecoin took a nose dive, down 16.47% this week, hitting lows of $10.43 before trying to act like it’s okay at $10.74.
  • Spot Sell Volume is flexing at 1.91 million, leaving Buy Volume in the dust and a very sad -288k Delta. Ouch.

Remember that wild dinner where Trump’s memecoin was soaring at $15.93? Well, that magic didn’t last. Now, it’s struggling to stay relevant. The coin’s been on a steady decline. It’s like that one friend who peaks in high school and never gets their life together after that.

After basking in its glory at $15.93, the Trump memecoin slipped and slid to as low as $10.43. Tragic, right?

As of now, it’s trying to find some dignity around $10.74, which means it’s down 7.24% this week and 16.47% over the last seven days. It’s like watching a slow-motion car crash, only it’s your portfolio at stake.

The market is basically telling us to go home. But hey, don’t fret! That drop? It’s like a clearance sale for whales looking to scoop up more tokens on the cheap. 🐋💸

Whales Buy the Dip—But is This Smart or Just a Big Fish Bait?

Oh, you thought whales were gone? Think again. They’re back in action, diving into the market like it’s Black Friday. According to Onchain Lens, one wallet just scooped up 425,764 Trump tokens worth $4.53 million from Binance. That’s right, they’re buying up those $10.43 tokens like they’re the last ones on the shelf.

But hold up—whales buying during a price crash? That screams “high-conviction” from them, and probably “Oh, we’re totally gonna make a comeback” from anyone else who’s watching. Let’s just say, smaller investors might start copying them because, you know, herd mentality.

But here’s the kicker: Despite all that whale action, Trump Coin’s Exchange Netflow has been negative for the entire week. That’s right, tokens are leaving exchanges faster than I can say “This coin was fun while it lasted.” This usually signals that people are getting out, not in, but hey, maybe the whales know something we don’t. Or maybe they’re just playing us all.

But The Charts? Yikes.

So, the whales are out there playing their part, but let’s get real: everyone else is bearish. Like, seriously bearish. Sellers are absolutely dominating the market right now. On Coinalyze, Sell Volume skyrocketed past 1.91 million TRUMP in just 24 hours, leaving a lovely negative Delta of -288k. The market is basically begging for mercy.

And guess what? Even the buyers coming in are mostly leaning into short positions. This is like putting all your chips on “Red” at the roulette table and praying. Why? Because the Funding Rate just turned positive, which is what happens when everyone’s just waiting for the next drop.

This means more people are betting the price is going to keep falling. So, if you’re thinking of riding this wave to the moon, maybe put on a life jacket instead. 🚨

What’s Next for Trump Memecoin?

So, here’s the thing: According to AMBCrypto’s analysis, the memecoin’s got some serious downward momentum. And by “serious,” I mean “things are not looking good, like really not good.” The MACD line has slipped beneath the Signal Line and both are chilling in negative territory. Classic sign of a coin ready to tank.

On top of that, the 100-day EMA is about to cross below the 50-day EMA. For the non-chart geeks, that’s like when your phone battery hits 10% and you realize you’ve got no charger in sight. Bearish crossover, anyone?

If this trend keeps up, TRUMP could easily dip below $10. Next stop? Maybe $9.64. But, if you’re an eternal optimist, the only hope left is for buyers to push it back up to $11.32. Good luck with that. 🚀

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2025-05-31 18:18