Trump Memecoin Faces Key Unlock Event Thursday as Price Volatility Looms
The crypto world is bracing for a major event this Thursday as Donald Trump’s TRUMP meme coin approaches a critical token unlock that could flood the market with sell pressure. Originally launched on January 17 ahead of Trump’s second presidential inauguration, the token is about to release 40 million additional tokens, giving early backers and insiders their first real opportunity to cash out.
TRUMP Memecoin’s Price History: From $14B to Crash
The token burst onto the scene with explosive hype, launching with 200 million tokens and hitting a peak market cap of $14 billion within just two days. However, the euphoria was short-lived. The TRUMP meme coin has since plummeted nearly 90% from its all-time high, according to CoinGecko data.
Despite the downturn, the token’s weekly price has climbed nearly 3%, aligning with a recent bounce across the broader crypto market. Currently, TRUMP is trading at $7.83, down 30% over the past month and more than 15% in the last two weeks.
Tokenomics: Who Controls the Supply?
Thursday’s upcoming unlock will expand the token’s circulating supply, moving toward the project’s long-term cap of 1 billion tokens over the next three years. Notably, CIC Digital, a Trump Organization affiliate, and Fight Fight Fight control 80% of the unlockable tokens, a fact that’s sparked growing concern about centralization and potential market manipulation.
Despite mounting curiosity, CIC Digital has not responded to press inquiries regarding its plans for the unlocked tokens. Bloomberg reports that insiders remain tight-lipped about their intentions.
Could This Be a Trigger for a Price Dump?
Market experts are split on what might happen next. Dylan Bane, a research analyst at Messari, emphasized the uncertainty:
“Once tokens are unlocked, sometimes there are dumps. Teams are less likely to do that, but we just don’t know their intent. Obviously, they don’t want negative press.”
Others argue that the token could weather the unlock if handled strategically. Edward Chin, co-founder of Parataxis, explained:
“If they are working with proper market makers, the unlocks may be less important in the short-term. Over the longer term, the additional supply will weigh on price action.”
A $1B Crypto Empire in the Making?
Meanwhile, the Trump family’s crypto footprint is expanding rapidly. From NFTs to a proposed stablecoin and a newly announced Bitcoin mining firm named American Bitcoin, the former president and his inner circle are quickly becoming major players in Web3. Even Melania Trump has entered the game, launching her own meme coin, MELANIA.
With paper gains from their growing crypto empire nearing $1 billion, the Trumps appear committed to riding the next crypto wave—whether or not the TRUMP meme coin can hold its value after the Thursday unlock.
What to Watch Next
The unlock event could introduce volatility as early investors gain access to their holdings. The crypto community will be watching wallets closely and monitoring price action for any sign of a massive sell-off or strategic repositioning.
Stay tuned for updates as we track how this pivotal moment unfolds for one of the most politically charged tokens in the memecoin market.
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