As of January 19, 2024, while major cryptocurrencies face challenges, the newly launched meme coin, Official Trump (TRUMP), is capturing the spotlight due to its incredible 300% upward momentum. This surge in attention is partly attributed to a post by President-elect Trump, leading to heightened interest from crypto enthusiasts.
Recently, a significant whale made headlines by selling $23.82 million in TRUMP holdings. This move has ignited rumors of a potential sell-off trend among TRUMP investors and speculators as they evaluate the coin's future prospects amidst the market's uncertain dynamics.