Trump Coin continued its downward trajectory, hitting its weakest level since October as large holders ramped up selling.
Key points
– The meme token has plunged from about $50 in January to roughly $5 today.
– Its decline mirrors losses across other Trump-linked assets.
– Whale selling and weakening market demand have accelerated the drop.
Official Trump (TRUMP) fell to about $5.78, more than 40% below its October high and a long way off January’s near-$50 peak. The token’s slump has tracked broader weakness among related names: Trump Media shares are down more than 70% year-to-date, the World Liberty Financial token has tumbled from its highs, and American Bitcoin — largely held by the Trump family — plunged over 40% this week after a lock-up expired. AL5, which holds WLFI tokens, has also seen sharp declines.
On-chain analytics point to intensified selling by big holders. Nansen data show whale balances have dropped from roughly 5.3 million TRUMP in November to about 3.84 million today. Large-scale disposals by whales can increase selling pressure and push prices lower. Meanwhile, the amount of TRUMP tokens held on exchanges edged up to 148 million from 147 million in November, and futures market activity has cooled, with open interest falling rapidly.
Technical outlook
On the daily chart, TRUMP slid from last month’s $9.56 high to around $5.80 and now trades below all major moving averages. The Percentage Price Oscillator is negative and declining, pointing to bearish momentum. Near-term downside appears more likely, with an initial target near the all-time low of $4.57 — roughly 22% below current levels. A decisive breach of that level could open the door to sub-$4 territory. On the upside, a move back above resistance at $7 would be needed to reassert a bullish case and could pave the way toward the October high of $9.56.
Investor takeaway
Weak political support for Trump-linked projects, mounting whale sell-offs, rising exchange inventories, and soft derivatives demand have combined to weigh on TRUMP. Traders should watch whale balances, exchange inflows, and open interest for clues about whether selling pressure is peaking or could intensify further.
