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Crypto Prune > News > Crypto > Altcoins > Major Memo Coin Developers Transfer Holds to Binance: They may have sold
Altcoins

Major Memo Coin Developers Transfer Holds to Binance: They may have sold

9 months ago 1 Min Read

According to data from Crypto Onchain, the development team associated with President Donald Trump’s official memokine Trump sent a $3.5 million token worth $32.8 million tokens to Crypto Exchange Binance just a few minutes ago.

The data reveals that crypto wallets associated with the development team have been sending 12.54 million card tokens worth a total of about $150.68 million in exchanges in four batches since April 28th.

According to the data, the cryptocurrency exchange associated with Memecoin has a total of $7.3 billion worth of Altcoin, which is believed to belong to the developer. Almost all of these are card tokens. Currently, around 200 million Trump tokens are in circulation, with a supply of 1 billion tokens. Most of the remaining tokens remain locked in the developer wallet, and these tokens are put into circulation over time.

Trump’s Memecoin currently has a market value of around $1.8 billion. At its peak, the market value exceeded $9 billion.

*This is not investment advice.

See also  Moodeng regains the spotlight with a $1.2 billion volume surge and a 612% weekly rally
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