Trump Memecoin Team Shifts $105 Million to New Wallets Amid Crypto Scrutiny

Big Moves in the Trump Memecoin World

In a surprising development, the team behind President Donald Trump’s memecoin has transferred a massive <$105 million> worth of tokens to new wallets. This happened late Friday and early Saturday, London time. The move has raised eyebrows in the crypto community, especially as questions grow about Trump’s crypto ties.

What Exactly Happened?

A wallet labeled “Team allocation” on blockchain tracker Arkham Intelligence made two big transfers:

• $81 million in TRUMP tokens to a Fireblocks custody wallet.
• Nearly $24 million to another unmarked wallet.

Fireblocks is a popular platform for safely storing and selling crypto assets. The unmarked wallet once sent a small test amount to Coinbase, a major exchange. This makes people wonder if a sale is coming soon.

The team has not explained the reason for these shifts. But this is the largest single transfer of TRUMP tokens since the memecoin launched over a year ago.

A Quick Look at Trump Memecoin’s Rough Ride

Launched with huge hype, the TRUMP memecoin has lost most of its value. It peaked at $73 but is now down 94% from that high. Last week alone, it dropped another 14%, matching a broader crypto slump where Bitcoin fell 12% to its lowest since April 2025.

Despite the buzz around Trump, the token’s price crash shows the risks of memecoins. These are fun, viral tokens often tied to trends or celebrities, but they can swing wildly.

Token Unlock Schedule Explained

When TRUMP launched, only 20% of the total 1 billion tokens went to the public market. The other 80% stayed in reserve, controlled by Trump and his partners. These are released slowly over two years to avoid flooding the market.

The first big unlock happened on April 17, three months after launch. It freed up tokens worth $313 million at the time. So far, about $2.1 billion worth of TRUMP tokens have entered trading, per data from DefiLlama.

Wallets linked to the project have sent tokens and stablecoins like USDC to Fireblocks before. Past moves include $96 million in USDC and $8.5 million in TRUMP. Once tokens hit custody services or exchanges, tracking gets tough.

Who’s Behind the Trump Memecoin?

The project’s website says the 800 million reserve tokens go to the creators and CIC Digital LLC. Trump fully owns CIC Digital, as shown in his 2024 financial reports.

CIC Digital partners with Celebration Cards LLC on Fight Fight Fight. This Wyoming firm was set up by Andrew Pierce, who helps create anonymous companies for asset protection.

Bill Zanker, a long-time Trump friend who wrote a book with him in 2007, is listed as the main contact. While Pierce and Zanker seem connected, it’s unclear if they get any tokens directly.

Why This Matters Now: Politics and Regulation

The <$105 million> shift comes at a tense time. US lawmakers are pushing the Clarity Act, a bill to clarify crypto rules and help the industry grow. But many Democrats oppose it, saying it lets Trump profit from crypto without checks.

Scrutiny on Trump’s crypto deals is rising. Memecoins like TRUMP mix politics, fame, and speculation. Critics worry about conflicts of interest, especially with a president involved.

For investors, these wallet moves signal possible selling pressure. If the team cashes out unlocked tokens, it could push prices lower. On the flip side, custody wallets might mean safer storage or plans for future use.

Lessons for Crypto Investors

This story highlights key risks in memecoins:

1. Volatility: Prices can crash fast, even with big names attached.
2. Unlocks: Scheduled releases can flood supply and hurt value.
3. Transparency: Wallet moves are public on blockchain, but motives often stay hidden.
4. Regulation: Politics could change how these tokens work.

Always do your own research (DYOR). Track wallets with tools like Arkham or Etherscan, and watch for big transfers.

What’s Next for TRUMP Memecoin?

Will this <$105 million> lead to sales and more price drops? Or is it just housekeeping? The crypto world waits for answers from the team.

Meanwhile, Trump’s crypto ventures keep blending politics and blockchain. As the Clarity Act debate heats up, expect more eyes on these moves.

Stay tuned for updates on this fast-moving story. What do you think – smart strategy or red flag? Share in the comments.

Keywords: Trump memecoin, crypto wallet transfers, memecoin unlocks, Fireblocks custody, Clarity Act crypto bill

Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.