What good timing, that must be a coincidence. Just before the US Army attacked Iran this weekend, the team behind the Trump-Memecoin sold 47 million dollars in Crypto. This is apparent from on-chain data van Lookonchain.
Large sale just before attack
Last weekend the official Trump team again deposited a big load of their tokens on large crypto-exchanges. That happens more often, but this time the moment was striking. The sale took place a few hours before the US attacked Iran together with Israel.
That of course raises questions. Did the team have prior knowledge? Or is it pure coincidence? On social media, many users now wonder aloud.
From peak to a considerable decrease
A few months ago the TRUMP-coin Still at its highest point. Then former President Donald Trump invited the 220 largest token holders for an exclusive dinner. The hype was great. The course of the token doubled and peaked above 16 dollars at the end of April.
But as is often the case with Meme Coins, profit ceremonies soon followed. The price fell, but kept hanging over $ 10 for weeks. Until last week, when the tensions in the Middle East flared up again due to the attack of Israel on Iran.
Markt responds to unrest
The last 24 hours were extra heavy for Altcoins. The US attack on Iran caused a lot of unrest on the market. You see it reflected in the dominance of Bitcoin, which rises. In the meantime, the Trump coin fell by more than 6 percent and is now below 9 dollars.
Striking detail: Trump himself only confirmed the attack hours later, at 00:50 Dutch time, on his own Platform Truth Social. The big crypto sale was already done at the time.
Coincidence or not, it remains food for speculation.
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