How a Silent Wallet Turned $2.5M in Hours-The Trump Token Scam Unveiled

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What to know:

  • After five months of doing nothing but counting dust, one cryptic wallet decided to throw a thunderous $2.2 million into the TRUMP token stew, as if it had found the big catch in the river.
  • The token’s price went for a wild goose chase, jumping 60% after word spread about a grand gala and a luncheon at Trump’s Florida estate, an exclusive affair limited to the cream of the token crop-around 297 holders.
  • Despite the flash flood of optimism, the coin still sits at a cry of about 96% below its January peak of $74, proving that memecoins are as fickle as a rooster in a hurricane.

A financial corpse crawling in a cryptic wallet stirred awake on Thursday, hauling a haul worth more than $7 million-in the form of TRUMP tokens-when the token’s own mushy marketing team announced a second gala for the cream of the crop. The numbers bounced more than a hound dog chasing a biscuit, leaping 60% from a low that’d make a barn flood.

Onchain digging by Arkham Intelligence tells us the wallet started buying from Binance‘s hot wallet at 01:49 UTC on March 13, a few minutes after the gala buzz entered the market. A test-licking single-token purchase was followed by two massive saff? picks of roughly a million tokens each, totaling $6.23 million, and then a final tongue‑lashing 200,000‑token buy topping $742,000.

The TRUMP meme account on X rolled out a “big conference and gala luncheon” at Mar‑a‑Lago on April 25, reserved for the top 297 TRUMP holders determined by a time‑weighted average of balances between March 12 and April 10.

After a low wink near $2.71 on Thursday, the token snatched up to $4.50, before holding itself back to about $3.90-a rough 44% lift from the trough. That silent wallet’s position, at plug‑in time, was up about $2.47 million, with total holdings valued around $9.44 million, according to Arkham data.

Echoing a May‑2025 dinner at Trump National Golf Club, the new event stirred protests from lawmakers spooked by presidential access as a token‑holding perk. A disclaimer tells readers Donald Trump will show up “personal‑personally” without private meetings-even if you’re a token holder hoping for a handshake.

The TRUMP token has plummeted a staggering 96% from its all‑time high of $74, which was set just before the guy’s inauguration in January 2025.

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2026-03-13 19:17