Massive 40M TRUMP Token Unlock Sparks Selloff Fears in Fragile Market

The TRUMP token is set to undergo a significant unlock event on April 18, 2025, releasing 40 million tokens—representing 20% of the total supply—into circulation. This move, which largely involves tokens allocated to insiders, comes at a time when the coin is already experiencing a prolonged downtrend, having fallen 89% since launch. With technical indicators like a weak RSI at 38.90 and a modest MACD crossover, the market sentiment remains cautious. Historically, similar large-scale token unlocks, especially those involving insider allocations, have led to increased selling pressure, potentially exacerbating price declines. Investors are particularly nervous as the daily release of 493K tokens, equating to roughly $4.1 million in potential sell-side pressure, adds to the existing volatility. The upcoming event could either reset the narrative through renewed trading interest or deepen the downtrend if selling intensifies.