The post Trump’s Memecoin $TRUMP Unlocks $311 Million – What’s Next for the Token? appeared on BitcoinEthereumNews.com.

Donald Trump’s memecoin, $TRUMP, has just completed its highly awaited token unlock, and the crypto and memecoin communities are in a frenzy of speculation and excitement. As part of the unlock, 40 million tokens were released today—representing 20% of the total circulating supply. The unlock’s current price is roughly $311 million, which is part of the reason why market observers are wondering about the price and liquidity of the token over the next few days. Though the direct response has so far been even-keeled, the situation with $TRUMP continues to change. Today’s unlock is just one part of a complex larger strategy involving not just $TRUMP but also the whole ecosystem being built around it. Despite this being the largest single release so far—something like 600,000 tokens—the price of $TRUMP is down only 5% at midday. Daily Unlocks and the Pressure on $TRUMP The token unlock that occurred recently has shed light on the $TRUMP token’s daily operations. Along with 40 million tokens that were available for use today, we have learned that there are daily releases of 493,150 $TRUMP tokens — a number worth around $3.79 million if you take the current market price as gospel. We are led to understand that the price of $TRUMP could be negatively affected in the near term by this ongoing supply pressure, as the S&P 493,000 Club keeps getting more members (i.e., as S&P 493,000 Club members keep getting $3.79 million worth of $TRUMP tokens daily). But the market is handling this relatively well without any signs of instability. 🚨 Trump’s Memecoin Just Unlocked $300M TRUMP– What’s Next for $TRUMP? The official token unlock for Donald Trump’s memecoin #TRUMP is now complete! ➡️ 40 MILLION $TRUMP tokens just got unlocked today — that’s 20% of the total circulating supply, worth around $311M…

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Filed under: News - @ April 20, 2025 5:27 am