On the eve of the "MARA" event, the "TRUMP Token" plummeted... Selling focused on coin sale news

Donald Trump Meme Coin “TRUMP Token” plummeted about 20% on the eve of President Trump’s private cryptocurrency conference at Mar-a-Lago, dropping to around $2.50. This decline wiped out approximately $161 million in market capitalization (about 237.8 billion KRW, based on 1 USD = 1477.50 KRW), and investor sentiment also sharply cooled.

The event was promoted as a “high-net-worth” exclusive gathering inviting only 297 top holders. Notably, the top 29 holders had the opportunity for direct contact with Trump, which was highly anticipated, and the market reflected this expectation in advance. However, just before the event, a wave of selling emerged, causing prices to drop sharply.

“Sell the news” pattern… trading volume in the decline zone surged 111%

Market analysis suggests the classic “sell the news” pattern is playing out again. As the event approached, increasing uncertainty led some investors to lock in profits before the announcement/event itself, rather than waiting, resulting in concentrated selling pressure.

Trading volume reflects the “weight” of the decline. The 24-hour trading volume reached $618 million, a 111% surge, and large trades accompanying the price plunge indicate that the market movement was driven not merely by volatility but by “intentional scaled selling.”

Security issues layered around the event further intensified psychological uncertainty

During the sharp price fluctuations, an emergency security incident also occurred in Washington, D.C. Reports indicated a shooting near the White House Correspondents’ Dinner held at the Hilton Hotel in Washington, prompting President Trump to evacuate urgently.

It is reported that the suspect carried multiple weapons and attempted to breach security procedures. Security personnel responded immediately, and Trump was safely moved. J.D. Vance, Kash Patel, Robert F. Kennedy Jr., and Melania Trump also evacuated. Although there were no casualties, this sudden incident added to the overall uncertainty surrounding TRUMP Token.

Down 96.5% from the all-time high… technical warning of “support level lost”

TRUMP Token’s current price has fallen about 96.5% from its all-time high of $75.35 set in January 2025. Since the peak, the total market cap has decreased by approximately $18.1 billion, indicating that the supply-demand dynamics relying on “political theme” premiums are rapidly disintegrating.

On the technical side, a concern is that the key support level at $2.85 was broken amid trading volume. The market considers the next support zone around $2.48, and some analyses suggest that if further declines occur, the price could drop to the $2.10 range. However, many assessments believe that to stabilize the short-term trend, the price needs to rebound above $2.80 and confirm trading volume with “actual buying.”

Summary by TokenPost.ai

🔎 Market interpretation - Ahead of the private Mar-a-Lago crypto conference, TRUMP Token dropped about 20% (to around $2.50), repeating the classic “sell the news” pattern - Top holders invited (297 people) with expectations of “direct contact” reflected early, then profit-taking and selling surged before the event, increasing volatility - During the price plunge, 24-hour trading volume soared 111% ($618 million), indicating that this was not just noise but possibly “scale selling” 💡 Strategic points - Expectations reflected early before/after the event/announcement → “Pre-news surge, post-news plunge” may recur; risk management through staged entry and exit is key - Technically, the support at $2.85 has been confirmed lost; until the price rebounds above $2.80 with confirmed “actual buy volume,” conservative operation is advised to avoid chasing the rally - The next price zones are considered to be around $2.48 (short-term support) and possibly $2.10 if further declines occur: set stop-loss/alert zones in advance to handle volatility - Political/security events and other non-price variables (breaking news) can immediately impact sentiment and liquidity; it is recommended to reduce leverage and control position sizes 📘 Terminology explanations - Sell the news: The phenomenon where positive news or events, upon “confirmation/public announcement,” trigger profit-taking selling, causing prices to fall - Support/resistance levels: During declines (or rises), prices often pause or reverse at these levels due to strong buying (or selling) demand - Trading volume(Volume): The scale of transactions within a specific period. A surge in trading volume accompanying price drops is often interpreted as strong selling pressure - Meme coin(Memecoin): Highly volatile tokens driven mainly by community, memes, or events rather than intrinsic value

💡 Frequently Asked Questions (FAQ)

Q. Why did TRUMP Token crash before the conference? This is interpreted as a “sell the news” pattern. The anticipation of the top holders’ invitation was already reflected in the price, and as uncertainty increased before the event, some investors sold to lock in profits, causing a rapid price decline. Q. What does the 111% surge in trading volume mean? The price dropped sharply while trading volume increased significantly, indicating that this is likely not just “simple oscillation” but a surge of actual sell orders. The 24-hour trading volume reaching $618 million is seen as a sign of strong downward momentum. Q. What should beginners pay attention to at the current price? ① Meme/political-themed tokens are highly susceptible to news and emotional variables, leading to volatile swings. ② Technically, the loss of support at $2.85 is concerning; even if aiming for a rebound, without the price returning above $2.80 and confirmed “buy volume,” chasing the rally is risky. ③ Setting stop-loss standards and investment proportion in advance is crucial to handle volatility.

TP AI Notes This article is summarized based on TokenPost.ai’s language model. The main content may be omitted or may differ from actual facts.