On October 5, it was reported that wallets linked to the team behind the $TRUMP token had transferred around 81.87 million TRUMP to crypto exchanges in recent months. At the time of the transfers, the tokens were worth approximately $249 million.

An important point: transferring coins to an exchange doesn’t necessarily mean they’ve been sold. But it’s still a worrying signal for the market.

That’s because, according to analysts’ estimates, the team still controls around 72% of the total TRUMP supply. (Yahoo Finance)

And here’s what I find interesting.

$TRUMP is no longer just a memecoin. Politics, events for major holders, statements from Trump himself, and now the movement of a huge number of tokens are constantly bringing it into the spotlight.

Looking at this, I wonder: just how much does a coin like this depend on Trump himself?

Today, one big headline could bring it attention.

And tomorrow, a different one could have the opposite effect.

As the market tries to figure out what matters more: Trump’s name or the huge amount of tokens still held in wallets linked to the project.

Do you think $TRUMP still has potential, or is its biggest hype already behind it?