Trump Wallet Offloads $TRUMP Before U.S.-Iran Conflict
A wallet tied to the Official Trump group transferred a large amount of memecoins to centralized exchanges just hours before the U.S. attack on Iran, according to Lookonchain. The timing has raised concerns of possible insider trading. Earlier, the token surged after Trump invited 220 top investors to a private dinner, sparking a buying frenzy. $TRUMP soared past $16 by late April but later corrected as investors cashed out. Despite the pullback, the token held above $10 for several weeks. The recent sell-off has reignited debate around politics, timing, and market manipulation.