Official Trump Coin in the Slums as the Biggest 24h Loser? Is TRUMP Going to Zero?

Official Trump (TRUMP) has booked an 8.2% loss in the past 7 days and briefly broke below a key area of support, favoring a bearish Trump Coin price prediction.

Trading volumes in the past 24 hours have surged by 31% to $460 million, currently accounting for a quarter of the token’s circulating supply, indicating that the selling pressure is quite strong.

Volumes reached a peak of $1.2 billion on August 14 as the token hit the $10 threshold. Since then, TRUMP has lost 16% as it currently sits at $8.4.

Trump Token Tanks: -5% in 24h $TRUMP now at $8.44 after losing key support at $8.55.

Why the drop?

ETF hype cooling (SEC docs still preliminary)

Technicals: RSI + MACD bearish

Whales sending tokens to exchanges

Any good news?
Justin Sun still holding a… pic.twitter.com/Jg86Jn82uj

— BeLaunch (@BeLaunch_)...
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