TRUMP Official token attracts more market attention with massive whale purchases despite last week’s 23% price drop. Large investors removed about $10.84 million of TRUMP tokens from Binance during the last few hours through substantial buying.

Data from SolScan real-time blockchain tracking shows major investors joined a new wallet’s buying activity thirty minutes ago.

The currency struggles with 5.31% price slippage. Observations by analysts show that when whales start buying more cryptocurrency, it often marks the beginning of a price uptrend if their buying patterns keep increasing.

TRUMP Token Sees Whale Surge Despite Market Decline

Trump’s Crypto Event Sparks Political Debate

Political issues trap the token in debates. Through Truth Social, Donald Trump announced a special celebration event in Washington, D.C. to recognize significant TRUMP memecoin supporters. Through platform management by the Trump family, the event shows how Trump’s political identity links to his cryptocurrency goals.

Lawmakers including Senator Elizabeth Warren are expressing concerns about the latest plans. The Massachusetts Democrat demanded examination of the Trump family’s crypto links and suggested to the Senate that they refuse future cryptocurrency bills. Warren said the line is blurring between people who control political power and those who trade financial assets.

The TRUMP token website shows that 80% of its available supply belongs to Trump Organization and its associated companies. Insider wallets made over $325 million by leveraging a trading system that benefits early investors and developers.

Donald Trump keeps pushing forward even as people question his conduct. Trump struck back at Senator Warren by attacking Democrats who also earned money from crypto while obstructing his token’s proper launch. Trump said:

“I’m not profiting from anything. All I’m doing is, I started this long before the election. I want crypto. I think crypto’s important because if we don’t do it, China’s going to. And it’s new, it’s very popular, it’s very hot.”

Many legal experts agree that while the token creates ethical problems, it does not violate today’s major financial regulations. The status of the Official TRUMP token grows more noticeable as whales invest in politics and crypto continues to transform the digital asset market.