The creators of the TRUMP meme coin have moved over $52 million worth of tokens to centralized exchanges, sparking debate about the project’s motives and transparency.

The token, themed after US President Donald Trump, has gained massive attention since its launch, but now faces scrutiny over insider activity and market impact.

TRUMP Team Describes $52 Million Token Transfer as ‘Liquidity Operations’

On May 10, on-chain analytics platform Lookonchain revealed that the team behind TRUMP deposited 3.5 million tokens, valued at more than $52 million, across three major exchanges—Binance, OKX, and Bybit.

According to the firm, Binance received the largest share at 1.5 million tokens, estimated at $22 million. OKX followed with 1 million tokens worth $15 million, while Bybit received just over 500,000 tokens valued at $7.5 million.

However, the TRUMP token team claimed the transfer aimed to strengthen liquidity and maintain stable market access.

They explained that the tokens came from a pre-designated liquidity wallet created during the project’s launch. The team also ass