Traders are increasingly offloading their TRUMP memecoin holdings following the announcement of a dinner and White House tour for certain tokenholders by US President Donald Trump. According to blockchain analytics firm Nansen, there were over $869 million in outflows from the memecoin in the last week, with only $96 million in inflows among the top 500 changes. This trend indicates that more people are selling their Trump tokens rather than buying them, despite some interest remaining either to secure dinner tickets or take advantage of price fluctuations. The leading TRUMP holder possesses over 1.17 million tokens valued at approximately $16 million, raising questions about the identities of these large holders, including speculation around Justin Sun. The TRUMP token, launched in January before Trump took office, is controlled significantly by its developers, prompting concerns over potential conflicts of interest or a rug pull. Historically, similar dinner events have occurred for Trump's supporters, suggesting a pattern in engaging with his digital token holders.

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