Trump Coin Braces for 50M Token Unlock: Short-Term Volatility Meets Long-Term Political Narrative
The price of Trump Coin (TRUMP) declined 2.5% to $5.51 today, underperforming against broader crypto market gains. The focus is squarely on a major January 18 unlock event that will release 50 million tokens—nearly 12% of the circulating supply—into the market. While the meme coin has posted weekly gains, it remains a staggering 92% below its all-time high (ATH) of $73 from January 2025.
Analysts anticipate short-term volatility as approximately $274 million worth of tokens become freely transferable. Recipients include project creators and Trump-affiliated entities. Historical on-chain data reveals the TRUMP family has realized roughly $1.2 billion from various crypto ventures, suggesting the potential for significant sell pressure from the unlock.
Long-term, the asset's prospects may be uniquely tied to political narratives, as its direct connection to a sitting U.S. president continues to drive speculative interest. Despite the looming supply shock, technical indicators show TRUMP has maintained relative strength, hinting at underlying bullish conviction among a segment of holders.