- TRUMP token plummets almost 8% as DOJ ties Trump to Epstein records
- Sensitive contents, including child pornography delaying document release
- The token breakout pattern could lead to a bounce above $20
The cost of the TRUMP token got a violent blowback after it was reported that the Justice Department of the United States told President Donald Trump in May that his name was in a J.Epstein file. In files called a truckload of data tied to Epstein’s criminal network, terrible claims have halted authorities’ disclosure of child pornography.
According to the report, Trump was informed by Attorney General Pam Bondi in the white house about the discovery of his name in the sensitive files of the DOJ alongside the names of other high-profile people. According to this briefing, which was confirmed by top sources in the administration and reported by The Wall Street Journal and CNN, the fact that names are placed in the files does not mean that there is any proven wrongdoing. However, the revelation has increased the scrutiny and skepticism of the people, dragging Trump further into the mystery of Epstein.
Epstein Files Causing the Market Shudders and Raising the Demand for Justice
Source – X
The serious consequences were summed up in a tweet that went viral on X (previously Twitter):” BREAKING: Justice Department told Trump in May that his name was in the Epstein files. Worse still, the Epstein files include CHILD PORNOGRAPHY, and that is why they will not release more. The U.S. government is protecting child rapists. Everyone must demand justice for the victims.” That is the message of the pressing need to expose and respond to transparency and accountability in the face of incriminating information being suppressed to spare the victims and sensitive investigative information.
Source –CMC Trumpchart
Financial markets have reflected the fallout from these developments. At the time of writing, the TRUMP token is trading at a low of 9.78, having dropped 8.68 percent off a recent high of 10.76. The market capitalization of the cryptocurrency fell by almost 7.76 percent to approximately 1.96 billion, and its 24-hour trading volume spiked by 32.01 percent, indicating the unstable attitude of investors and the increased turnover.
Contrasting Views on TRUMP Token’s Outlook
Source X
Nevertheless, some technical indicators show that the TRUMP token will take a bullish turn despite the present downturn. On the chart of the TRUMP/USDT, a market strategist observed a breakout of the symmetrical triangle and observed that the bullish momentum is increasing as the volume of trade is strong. The price of the token may reach about $22, almost doubling the current price, in the case of a continuous breakout[Twitter analytics post].
This makes a stark contrast between the immediate downfall of the token under the weight of the negative headlines and possible mid-term recovery scenarios, which is a complex picture of the political scandal and current market conditions.
DOJ’s Reluctance to Disclose Full Epstein Records
The refusal of the Justice Department to release further Epstein paperwork is directly linked to the existence of child pornography in the said documents, as explained by Attorney General Bondi in her presentation to Trump. Government officials have used the issue of safeguarding the victims as one of the main arguments in limiting the disclosure of documents despite constant calls by legislators and citizens to be totally transparent.
Internally, according to some White House officials, there were complaints that Trump was not having his name removed from the documents that were published publicly earlier this year, and some of those were seen as harmful. Both political parties have used the controversy to criticize the decision to withhold information, with critics wondering whether the move is meant to cover up influential individuals who were part of Epstein’s network.
As others seek to downplay the importance of Trump’s name in the files, political rivals are claiming it is a confirmation of the problematic ties of the president. In the meantime, Trump associates say he long ago cut off his relationship with Epstein, and the White House statements have brushed the allegations as politically inspired efforts.
