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cryptocurrency liquidity removal trend
Key Points:* TRUMP token team removed $6.77 million in liquidity, causing price drop.
The withdrawal triggered a 6% decline in the TRUMP token price, raising concerns about transparency and stability.
Liquidity Withdrawal Spikes Concerns; TRUMP Drops 6%
The TRUMP project team recently engaged in a significant liquidity extraction, removing $6.77 million from pools. Onchain Lens monitoring identified this event, leading to growing skepticism. The liquidity removal aligns with past patterns within meme tokens, often resulting in market destabilization.
The drastic liquidity change further led to a drop in the TRUMP token price, sliding 6% in the past week. Concerns arose due to no direct communication from any known project leaders. The absence of official explanations has heightened market unease, significantly affecting investor trust.
Community reactions reflect intense anxiety, with users on social platforms questioning project motives. Despite ongoing discussions, no official statements were issued by recognized teams or crypto industry figures, leaving the community in uncertainty.
TRUMP Token Faces Investor Doubts Amidst Lack of Clarity
Did you know? The TRUMP token, drawing branding from a former U.S. President, has seen its value drop by nearly 90% from its all-time high, marking a common vulnerability in meme token markets.
As of June 28, 2025, OFFICIAL TRUMP is valued at $8.98. According to CoinMarketCap, its market cap stands at $1.80 billion, with a 24-hour trading volume of $170.48 million, a decrease of 35.95%. Price movements show a 3.86% increase over 24 hours, but a 28.05% decline over 30 days.
| | | --- | | DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |