TRUMP Memecoin Braces for Major Token Unlock Amid Investor Concerns
12.04.2025 09:10
Donald Trump’s TRUMP memecoin is set to experience its first major token unlock, with 20% of its total supply—equivalent to $320 million—scheduled to be released on April 18 at 03:00 Turkish time (UTC+3). Currently trading at $8, the coin has seen an 84% drop from its peak, coinciding with a sharp decline in user engagement. Blockchain data reveals that only 200 million tokens are currently circulating, while the remaining 800 million remain locked. Additionally, there has been a significant reduction in wallet holder metrics, with unique wallet holders falling from 817,000 at launch to 637,000 today and high-value holders (those with more than $1,000 in TRUMP) dwindling from 143,000 to merely 12,000. Amid these developments, market participants are concerned about potential sell pressure from the unlocked tokens, and there is growing uncertainty as to whether Trump or his associates plan to cash out. This unlock event poses immediate risks of further price declines due to increased market supply, while long-term recovery would depend on managed unlocking and renewed investor confidence.
The upcoming unlock of 320 million tokens increases the circulating supply dramatically, likely leading to strong sell pressure and a further drop in the coin’s price. The news, combined with historically low user engagement and a drastic fall in wallet metrics, signals bearish short-term effects. However, if the team implements controlled unlocking procedures or measures to re-engage the community, there could be potential stabilization in the long term. Quantitative signals indicate that immediate market pressure is high, adjusting the likelihood of a near-term price increase to very low.
Top Today
today / 04:35
Trump-Linked WLF Partners With Pakistan Crypto Council to Boost Blockchain and DeFi Ambitions
WLF's new collaboration with the Pakistan Crypto Council is set to stimulate regulatory and technological growth in Pakistan's crypto sector.
today / 02:24
Ethereum Eyes $2,580 as Leadership Dialogue Spurs Bullish Momentum
Vitalik Buterin’s and Charles Hoskinson’s exchange drives renewed bullish sentiment for Ethereum’s near-term rally.
yesterday / 22:03
Bitget Initiates Legal Action Over $20M VOXEL Manipulation Incident
Eight accounts face legal scrutiny over VOXEL trade manipulation, prompting calls for better risk control and regulatory oversight.