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TRUMP Token Hit by Liquidity Pull as ETF Filing Emerges

  • A major whale wallet dumped $2.49 million worth of TRUMP tokens, contributing to sell pressure on the token.
  • The 'Trump Meme Team' withdrew $3.1 million liquidity from the TRUMP market, including stablecoins and tokens, sparking concerns about an exit strategy.
  • Despite a recent 40% drop in value over 60 days, TRUMP token is still up 645% year-to-date, currently trading at $8.93.
  • The New York Stock Exchange filing for a proposed Truth Social ETF adds to the Trump family's expansion into crypto finance, potentially impacting TRUMP token's future amidst market volatility.

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