Trump Memecoin: 40M Tokens Set to UnlockWill the Price Tank Again?
Launched just ahead of Trumps second presidential inauguration, the coin made headlines earlier this year when its value briefly surged to $14 billion. But the hype didnt lastTRUMPs price collapsed by nearly 90% in the following weeks as early investors rushed to sell.
Now, the planned release of 40 million additional tokens is stoking fears of renewed volatility. The tokens are set to be unlocked on April 18 at 09:00 Turkish time (UTC+3) and are allocated to entities reportedly connected to Trump, including CIC Digital LLC and Fight Fight Fight LLC. These groups together control approximately 80% of the tokens set to be unlocked, according to the projects official website.
This upcoming unlock adds to the 200 million tokens already in circulation, with plans to increase the total supply to 1 billion over the next three years.
The situation has drawn sharp attention from traders, investors, and analysts alike, many of whom are weighing whether to exit or hold amid the uncertainty.
Meanwhile, the broader crypto market is watching how this unlock might echo across sentiment and pricing, especially as memecoins continue to be driven by speculation and social buzz.
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Text source: Coindoo
