TRUMP Token Developer Withdraws $4.6M USDC Liquidity, Transitions Funds to Ethereum

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The creator of the Official Trump (TRUMP) token made a big financial move taking $4.6 million in USDC out of the token’s liquidity pool.

After that, the money was transferred to the Ethereum network and placed into Coinbase Prime. 

This maneuver took place just ahead of a scheduled token unlock, which is set to release an additional 20% of TRUMP’s supply into circulation. The timing has sparked concerns within the crypto community about increased selling pressure and potential volatility. Notably, the developer’s wallet still holds more than 15.3 million TRUMP tokens, signaling that further market activity could follow.

In the immediate aftermath of the liquidity pull, TRUMP’s price fell by 12%, dropping from $0.05 to $0.044 in under an hour. Trading volume surged dramatically, jumping from an average of 10 million to 25 million tokens per hour. The spike in activity suggests heightened trader anxiety and the possibility of panic selling.

Despite the removal of a substantial portion of liquidity, TRUMP still maintains over $327.6 million in its primary decentralized liquidity pool. This sizable reserve continues to make it one of the most well-funded meme tokens in the market. The depth of liquidity could allow early investors and the development team to extract additional value without triggering immediate large-scale market disruption.

The developer’s actions echo previous patterns seen in other politically-themed tokens, such as MELANIA, where significant liquidity was withdrawn shortly after initial market enthusiasm. These developments emphasize the need for investor caution and thorough due diligence, especially in the meme token space where sentiment can shift quickly.

As the broader cryptocurrency market matures, the unfolding situation around the TRUMP token is a stark reminder of the risks that come with speculative assets. Investors should remain vigilant, particularly during moments of major liquidity shifts and token unlock events that may affect price stability.

ABOUT THE AUTHOR See More

Sophia Cruz

Financial Writer - Asian & European Desks

Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.

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