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Whales Keep Buying TRUMP Meme Coin Before Mar-a-Lago Event, But Price Drops to Record Low

BeInCrypto
Large investors are accumulating TRUMP tokens ahead of a Mar-a-Lago event, despite the cryptocurrency experiencing significant price declines throughout 2026.

Summary

Large holders, known as whales, are actively accumulating the TRUMP meme coin in anticipation of a crypto conference and luncheon at Donald Trump’s Mar-a-Lago resort on April 25. On-chain data indicates that while certain wallet tiers are increasing their positions to secure access to the event, the token's market price has struggled, falling over 41% year-to-date and 11% in the past month to approximately $2.80. This divergence between whale accumulation and a downward price trend suggests increased volatility as the event date approaches.

(Source:BeInCrypto)