TRUMP Meme Coin Devs Pull $4.6M in USDC Liquidity Ahead of Major Token Unlock

The team behind the controversial TRUMP meme coin has sparked fresh controversy after withdrawing $4.6 million worth of USD Coin (USDC) from the project’s liquidity pool. According to blockchain analytics from LookOnChain, the extracted funds were later bridged to Ethereum before being deposited into Coinbase Prime—a platform primarily used by institutional investors.

The move has raised red flags within the crypto community, prompting speculation of a possible sell-off or even a rug pull. The timing, just days before a scheduled unlock of 40 million TRUMP tokens (20% of the circulating supply), has only fueled trader suspicions.

Coinbase Prime Connection: Strategic or Suspicious?

While Coinbase Prime is known for its institutional-grade services such as custody, financing, and OTC trading, the deposit of USDC to the platform by the devs is being interpreted by many as a potential cash-out strategy.

Although there’s been no official statement from the TRUMP meme coin team, many crypto enthusiasts are watching closely. One trader remarked:

“When the dev moves like that, it’s usually one of two things… exit or reposition. Either way, eyes on the next move.”

Another echoed the sentiment with a pun on political drama, calling it a “Trump and dump” maneuver. Some traders even shared memes mocking a potential rug pull, including a now-viral image of a rug seller with the caption: “I didn’t choose the rug life, the rug life chose me.”

TRUMP Meme Coin Price and Market Stats

Despite the controversy, the TRUMP meme coin remains volatile yet active. As of now:

• Current Price: $7.87
• 24-Hour Decline: -2.72%
• All-Time High: $73.43 (down nearly 90%)
• All-Time Low: $4.29 (still up 83%)
• Market Cap: $1.5 billion
• Daily Trading Volume: $350 million
• Weekly Performance: +6%

The token is based on the Solana blockchain, and its popularity surged amid the recent meme coin frenzy. However, with developers pulling millions in liquidity and a massive unlock of $320 million worth of tokens scheduled for April 17, concerns are mounting.

These tokens are reportedly affiliated with the Trump Organization and are set to unlock gradually over the next two years. But the proximity of this liquidity removal to the unlock event has heightened trader anxiety about potential price volatility or even team abandonment.

What’s Next for TRUMP Meme Coin?

While it’s too early to confirm whether this move signals a full exit or a strategic shift, investors are urged to monitor wallet movements closely in the coming days. The next big milestone—the April 17 token unlock—could bring either more confidence or more chaos.

In the meme coin world, timing is everything. And with $4.6 million suddenly moved off the table, the crypto community is bracing for the next act in this high-stakes political meme token drama.