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The official Trump token (Trump) is experiencing significant volatility, marked by a high sale of whales and concerns about a next token unlocking. Last week, cryptocurrency jumped 6% but fell by 30% in the last 30 days.
This uncertain price movement comes in the middle of the reports that US President Donald Trump provides for a new cryptography company: a game on the theme of the monopoly.
Despite a slight rebound at $ 8, up 1.5% in the last 24 hours, the Trump token has faced substantial sales pressure.
According to the NERD of data on X, two portfolios have moved a combined value of $ 4.94 million in Trump with “9thhlq” exchanging $ 2.48 million for 316,620 Trump and “6obqji” exchanged $ 2.46 million for 313,720 Trump.
9 hours ago, 2 wallets exchanged $ 4.94 million for 630.34K $ Trump
– 9thhlq exchanged $ 2.48 million for 316.62K $ Trump
– 6obqji exchanged $ 2.46 million for 313.72K $ TrumpAddresses: pic.twitter.com/4e8qiywp2
– Data Nerd (@onchaindatanerd) April 16, 2025
This sale occurs just before an event of unlocking major tokens scheduled for April 18, where 40 million tokens, valued at more than $ 320 million, will be handed over to the project team. Unlocking will increase the supply in circulation by around 20%, which argues concerns about a potential accident.
According to a makeshift report, citing two sources familiar with the question, President Trump plans a crypto game with a “feeling of monopoly”.
Sources have revealed that the game will look like Monopoly Go!, Where players gain in play by creating structures on a digital monopoly board. Bill Zanker, a long -standing partner of Trump, is said to be at the origin of the project.
A spokesperson for Hasbro, the company behind Monopoly, said that they had not authorized their intellectual property to an organization affiliated with Trump for a cryptographic company.
Adding to the turmoil, the blockchain analysis company, Lookonchain, reported that the Trump development team had deleted USDC 4.6 million from the liquidity pool, sanded it in Ethereum and deposited it in Coinbase Prime.
THE $ Trump Dev fired 4.6 m $ USDC of the swimming pool eliminating liquidity 13 hours ago.
Then they filled 4.6 m $ USDC has #Ethereum and deposited it in #Coinbaseprime. pic.twitter.com/ni3gzsjwfi
– Lookonchain (@lookonchain) April 16, 2025
The transaction was reported as very suspect by Crypto Watchdog Mastr, who called it “direct movement in motion”.
No more crime around $ Trump ::
Just before 80% $ Trump Unlocking the offer, Dev Wallet fired $ 4.6 million $ USDC of the swimming pool, I sanded it at #Ethereumand threw it into #Coinbaseprime.
It’s not just a shady – it’s direct movement in motion. Stay the hell of … pic.twitter.com/mdoyjktfzr
– Mastr team (@mastrxyz) April 16, 2025
The abolition of the USDC could make the purchase or sale of Trump more difficult without causing substantial price fluctuations. In addition, this also signals a lack of confidence in the future of the project on the side of the developers.
Based on the 4-hour Trump graph below, the RSI (relative force index) is currently around 44.50, indicating neutral impulse. This suggests that the token is neither exaggerated nor occurred.
Trump of 4 hours of the table | Source: tradingView
The graph also shows Fibonacci trace levels, which are used to identify potential support and resistance levels. Key levels include:
The current price oscillates around the FIB level of 0.382 ($ 8.22). If the sales pressure continues, the next level of support to be monitored is the level of FIB of 0.618 ($ 7.71).
However, upwards, the FIB level of 0.236 ($ 8.79) acts as immediate resistance. If the token breaks above this level, it could target higher levels.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
