TRUMP Token Rises 8% After 40M Unlock

Key Takeaways
- On April 18, 40 million TRUMP tokens were unlocked – approximately 20% of the circulating supply.
- Despite the potential for a sell-off, the price temporarily rose by 8%.
- The token has already lost 88% of its value since its all-time high.
- Fundamentals still show some degree of stability.
- Network activity is declining – the number of new wallets is dropping significantly.
What’s Behind the TRUMP Token?
The TRUMP token is a so-called memecoin that launched on January 17, 2025. Memecoins are cryptocurrencies often based on internet trends or personalities and are heavily driven by speculative interest. The TRUMP token is capped at a total supply of 1 billion units, to be gradually released over a period of three years.
Currently, about 200 million tokens are in circulation. The recent unlock of 40 million tokens represents 20% of the circulating supply and 4% of the total supply. Such token unlocks can put downward pressure on prices, as they increase the supply and make sell-offs more likely.
Why Did the Price Rise Despite the Token Unlock?
Typically, such unlocks lead to price drops. However, in the case of TRUMP, the market reacted differently: the price temporarily rose by 8%, accompanied by a 68% increase in trading volume within 24 hours. This suggests that many market participants had already anticipated the event – a phenomenon known as “front-running.”
Additionally, the metric “STH Net Unrealized Profit/Loss” (short: STH NUPL) shows that short-term holders are maintaining their positions. This indicator measures whether investors are in profit or loss without having sold yet. The current value suggests an optimistic sentiment – despite the sharp decline from the all-time high of USD 74.59.
Technical Outlook and Key Price Levels
The area around USD 7 currently serves as a key support level. As long as this level holds, a recovery remains possible. A sustained breakout above the psychologically important USD 8 mark could unlock further potential. However, there is currently a lack of fresh capital, which is needed for a genuine trend reversal.
A warning sign: the number of new wallet addresses has plummeted – from 700,000 during the peak phase to just 1,476. This indicates that interest from new investors has significantly declined. Without new market participants, the upside potential remains limited.
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Our Assessment
Despite high volatility and a massive price decline, the TRUMP token demonstrates notable resilience. The recent price reaction to the token unlock suggests a certain degree of market stability. Nonetheless, the project remains highly speculative. Declining network activity and the lack of capital inflow limit the upside potential.
If you’re investing in memecoins, you should be aware of the risks. The TRUMP token may offer short-term opportunities, but in the long run, much will depend on the overall market environment and community engagement. Keep a close eye on the USD 7 and USD 8 price zones – they could determine the future direction.