Trump's official memecoin (TRUMP) is once again under scrutiny after wallets associated with the development team transferred millions of dollars to exchanges.
Anchin data shows that around $94 million USDC has been deposited by the team to the Coinbase exchange over the last three weeks.
This move is similar to the previous strategy for selling Melania tokens, and many experts see it as a sign of the end of the project's activity.
Historical data shows that Trump Token has faced liquidity outflows from large wallets and intense selling pressure several times before.
For example, in May, a transaction of 3.5 million tokens worth $52.6 million was made, and earlier in April, a transaction of $19.6 million was made to the exchanges Binance, OKEx, and Bybit.
The market value of this token was estimated at over $67 billion before the crash, but it has now fallen by more than 90%.
However, the development team is still trying to keep users interested. The release of a Trump-themed mobile game and the launch of Trust Wallet have been among the team's efforts to attract new users.
