Despite selling a large portion of TRUMP tokens, Keith, with a wallet address of “0x52C0”, still holds 28% of his MAGA investment portfolio, worth approximately $372,000. The reality of the cryptocurrency market is uncertainty and high volatility, but investors have been able to overcome these conditions. In the past 171,000 hours alone, whales have sold over 1.44 TRUMP tokens, equivalent to $240,000. Based on Lookonchain data, his executed trades had an average price of $8.38 per token, resulting in an impressive 1,428% return on investment. In the last 24 hours, MAGA has dropped over 34%, with its trading price at $6.76 at the time of writing. On the weekly chart, the altcoin has fallen by 44%. Market experts attribute the decline to rumors surrounding the TrumpCoin project. It is alleged that he is related to Barron, the son of Donald Trump. Despite selling off a majority of his holdings, the whale still holds 28% of his MAGA investment portfolio. His primary asset is the BASEDAI token, valued at $921,000, accounting for 71% of his investment portfolio. Read more:
BRICS: Bitcoin Could Completely Change the World Financial System – International Monetary Fund It is worth noting that the sell-off of “0x52C0” reflects a general decline in the entire meme token market. Popular in the crypto community, meme coins such as Doge (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and Dogwifhat (WIF) have recently experienced significant declines. DOGE dropped by 8%, SHIB by 7.8%, PEPE by 8%, and WIF by 16%. Overall, the total market value of meme coins has decreased by over 9%, equivalent to $4.51 billion. Interestingly, trading volume is on the rise, increasing by over 40% to reach $620 million.
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