Trump Meme Coin Shows Signs of Rise: New Purchase Made

An important development occurred in recent hours; a newly created wallet withdrew 23.2 million dollars worth of 3 million TRUMP from the Binance exchange. The TRUMP meme coin, promoted by Donald Trump through Truth Social, has started to attract the attention of investors again after a long period of decline. According to data obtained from the on-chain analysis platform Lookonchain, a new Solana wallet named 'FRvvqp' has withdrawn 3 million TRUMP (approximately 23.24 million dollars) using Binance within 15 hours. This significant transaction has raised the prospect of a potential new upward trend in the markets.

TRUMP reached an all-time high of 73.43 dollars in January 2025. However, it later experienced a sharp decline of 89%, falling to 4.29 dollars. The recent increase in activity observed in the memecoin market indicates that investors are starting to re-enter positions, evidenced by these large purchases.

Official Trump (TRUMP) was launched as a meme coin project announced by U.S. President Donald Trump on the Solana blockchain. Users can invest in this token by buying, selling, or holding it. The project stands out by combining political and social themes with the crypto world, which has increased investor interest.

In summary, the TRUMP meme coin may begin to regain value based on its exchange movements and particularly large purchases. It is essential for investors to closely monitor these large transaction activities and price movements.