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Crypto US Stocks

Trump ‘Pump and Dump’ Guide: Rumors Pump, Dumps, Son Denies

Rumors that Trump would launch a new token on Robinhood chain sparked a surge in TRUMP token to $3.40, its highest since March, while the official team sold millions of tokens for over $9.15 million. The hype ended when Eric Trump denied the plans, calling any such claims a scam. The incident highlights how misinformation can drive markets and enable insider selling.

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