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The Official $TRUMP meme coin is facing a critical test today as 40 million tokens—worth roughly $307 million—enter circulation
Author: Sahil Thakur
The Official $TRUMP meme coin is facing a critical test today as 40 million tokens—worth roughly $307 million—enter circulation. It’s one of the largest unlocks since the token’s explosive debut in January and could mark a turning point for a project already under pressure.
TRUMP, which peaked near $77 earlier this year, has been on a steady slide. It’s now trading at around $7.60, down nearly 90% from its highs and stuck below the $10 mark for more than two weeks.
On paper, this unlock is significant. It accounts for 4% of the token’s total supply and increases the circulating amount by 20%, from 200 million to 240 million. Most of these tokens are reportedly earmarked for team wallets and Trump-affiliated entities.
In any other cycle, that kind of unlock would stir up volatility. But so far, the market response has been relatively subdued. Whether that calm holds will depend on what those wallets choose to do with their allocations—and how the broader market absorbs the added supply.
Momentum hasn’t been in TRUMP’s favor. Its BBTrend score, a measure of trend strength, flipped from positive to deeply negative this week—dropping from +2.35 to -6.93. That’s not a great look for bulls hoping for a turnaround.
Meanwhile, TRUMP is still trading below its Ichimoku Cloud, and the key moving averages aren’t helping either. On the 4-hour chart, the token remains pinned under its 50, 100, and 200 EMAs. RSI and MACD indicators both suggest the selloff isn’t done yet.
That said, some traders are watching a possible double-bottom pattern forming on the short-term chart. If TRUMP can hold support at $7.40 and break through resistance at $8.74, a move toward $9.80 might be in play.
But that’s a big “if.” If support fails and post-unlock selling kicks in, the token could slide into uncharted territory and potentially print new all-time lows.
This week’s unlock doesn’t just test TRUMP’s technical levels—it also tests market sentiment around politically-affiliated tokens in general. Launched by the Trump family’s World Liberty Financial, the coin exploded out of the gate, only to face a steep comedown amid broader market uncertainty and questions about its long-term utility.
It’s also landing during a turbulent time for the crypto market more broadly. Ongoing trade tensions between the U.S. and China have soured investor mood, and volatility has crept back into the charts across the board.
Big unlocks like this often act as stress tests. If buyers step up and absorb the new supply, it could signal renewed confidence—or at least short-term stability. But if sell pressure wins out, the next leg down could be rough.
For holders and traders alike, today’s unlock could offer a glimpse into what kind of future—if any—the TRUMP meme coin still has.
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