Analysis: The "TRUMP Dinner" stimulated investors to cash in and leave the market, with more than US$869 million flowing out of TRUMP tokens in the past seven days
According to online reports, according to data from blockchain analysis firm Nansen, TRUMP tokens experienced an outflow of more than US$869 million in the seven days ending April 25. This trend occurred after U.S. President Donald Trump announced that it would be held on May 22 to invite the first 220 TRUMP token holders to a dinner in Washington, D.C. Although some investors may continue to hold or buy tokens in order to qualify for dinner parties, data shows that more holders choose to cash out of market fluctuations. According to the TRUMP token official website rankings, one of the largest holders of TRUMP tokens is currently the address with the user name "Sun", which holds approximately 1.1768 million tokens (worth approximately US$16 million). Currently, the identity of the holder at this address is still unknown. In addition, the TRUMP token team controls 80% of the total supply, which also raises market concerns about potential conflicts of interest and price manipulation.
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