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Trump Token Set to Flood Market — Can Demand Keep Up?
Trump Token – U.S. President Donald Trump has publicly acknowledged his official memecoin, TRUMP, as a potential barometer of public sentiment toward his leadership. In a Truth Social post, Trump shared a Newsmax article highlighting how the token mirrors political momentum — an idea previously echoed by figures in the crypto industry.
However, despite Trump’s endorsement, the token’s market performance paints a different picture. As of June 7, the TRUMP token was trading at approximately $10, representing a sharp 85% decline from its all-time high of $73 in January.
Major Token Unlock Could Add Selling Pressure
A looming $520 million token unlock scheduled for July 18 may bring further volatility. According to Tokenomist (formerly Token Unlocks), only 26.48% of the total TRUMP supply is currently in circulation. Roughly 735 million tokens — or 73.52% of supply — remain locked.
Next month, 50 million tokens, equivalent to 25% of the current circulating supply, will be unlocked, valued at over $520 million. Analysts warn that such a large release could trigger additional downward pressure if demand fails to match the increased supply.
Efforts to Stabilize Market Sentiment Fall Flat
In an effort to support prices, Eric Trump announced on June 7 that World Liberty Financial (WLF) — a Trump-backed crypto firm — plans to acquire a “substantial amount” of TRUMP tokens. However, the market reaction was muted, which some commentators viewed as a negative signal.
Memecoins as Sentiment Metrics
Using memecoins as sentiment tools is not a new concept. Yat Siu, co-founder of Animoca Brands, noted earlier that while memecoin rallies often begin with hype, long-term value could reflect broader political enthusiasm.
The upcoming token unlock may offer the clearest signal yet of how strongly investors — and voters — truly feel about Trump.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.
