Trump Memecoin Developers Dump $151M in Tokens — Is a Sell-Off Brewing?

The team behind the popular Trump (TRUMP) memecoin has reportedly sold over 12.5 million tokens since late April, based on on-chain data. These tokens, worth nearly $151 million, were offloaded in four major batches and sent to centralized exchanges, raising fresh concerns about long-term project stability and token dilution.

Only 20% of TRUMP Supply Circulating

While TRUMP has a total capped supply of 1 billion tokens, only about 200 million are currently in circulation. The remaining 800 million tokens, still held in developer wallets, are gradually being released a process that continues to spark fear of dilution among investors.

Despite peaking at a $9 billion market cap earlier this year, TRUMP’s current valuation has tumbled to around $1.8 billion. On-chain data shows developers still control roughly $7.3 billion worth of tokens, adding to the speculation that more sales could be on the horizon.

Investor Confidence Shaken

The memecoin’s massive drop in market cap has some in the crypto community questioning whether the hype is sustainable or if the development team is simply preparing to cash out at current levels.

Although no official statement has been made regarding the token unlock schedule or future sales, the pattern of gradual dumps has not gone unnoticed. For many holders, the biggest concern is whether the project’s momentum can continue if developer-led sell-offs persist.

What’s Next for TRUMP?

With so much of the supply still in developer hands, the potential for further downward pressure is real. Whether TRUMP can rebuild its momentum will depend on transparency, community trust, and the team’s commitment to long-term goals.

If developer selling slows and new use cases or partnerships are introduced, TRUMP may yet stage a comeback. But for now, caution remains the dominant sentiment.