The Official Trump (TRUMP) meme coin is facing renewed downside risks this week, with a substantial token unlock valued at approximately $24.8 million set to increase circulating supply and intensify bearish sentiment.
Key Highlights
- 4.89 million TRUMP tokens (about $24.84 million) are scheduled for unlock this week.
- This release accounts for 2.45% of the current circulating supply.
- TRUMP ranks among the week’s largest linear unlocks, alongside projects like RAIN and SOL.
Data from Tokenomist reveals that the upcoming unlock will flood the market with 4.89 million tokens, placing significant pressure on an already struggling price action. Investors have endured repeated tests of conviction as the token continues to trend lower.
At press time, TRUMP is trading around $5.05, reflecting a nearly 20% decline over the past month and a roughly 2% drop in the last 24 hours. Despite the price weakness, 24-hour trading volume has surged 34% according to CoinMarketCap, signaling heightened activity and potential distribution.
TRUMP Price Outlook: Support Under Threat
Token unlocks don’t always trigger immediate dumps, but they often exacerbate existing market trends. For TRUMP, the overarching pattern remains bearish, characterized by a series of lower highs and lower lows within a descending channel.
The token is currently teetering just above a key support zone between $4.70 and $5.00—a level that has previously absorbed selling pressure but is showing signs of fatigue after multiple retests.
- Bearish scenario: A decisive break below $4.70–$5.00 could open the door to a swift move into the mid-$4 range, with further downside risks if momentum builds.
- Bullish scenario: Holding the current support and reclaiming the $6.30–$6.50 resistance area could spark a recovery toward $8.50–$9.00, and potentially $15 if higher resistance levels are cleared.
This Week’s Major Token Unlocks Comparison
| Project |
Tokens Unlocking |
Value (approx.) |
% of Circulating Supply |
Unlock Type |
| TRUMP |
4.89 million |
$24.84 million |
2.45% |
Linear |
| RAIN |
Not specified |
Significant |
High |
Linear |
| SOL |
Not specified |
Significant |
Notable |
Linear |
TRUMP Momentum Fades as Bitcoin Hyper Heats Up
While TRUMP’s initial hype appears to be cooling, attention is shifting toward projects offering real utility on Bitcoin. Bitcoin Hyper (HYPER), an emerging Layer-2 scaling solution, is generating substantial excitement by combining Solana-grade performance with Bitcoin’s security.
The project has already raised an impressive $29.6 million in its ongoing presale, drawing in investors eager to stake and participate in its expanding ecosystem—which includes NFTs, gaming, DeFi, and more.
By leveraging Layer-2 technology, Bitcoin Hyper dramatically reduces transaction times and fees that have long plagued the Bitcoin network, making everyday use and complex applications viable. Early backers are positioning themselves ahead of broader adoption, highlighting a clear contrast to pure meme-driven assets like TRUMP.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
TRUMP Token Whales Hit Five-Month High, Trump Dinner Effect Drives 36% Surge
Trump meme coin TRUMP surged approximately 36% following the announcement of an exclusive dinner event, with whale holdings reaching a five-month high. Large holders are actively increasing positions, but losses are also present in the market, indicating divergent investment behavior. Controversy sparked by political criticism may have limited impact on market performance, but regulatory investigation risks remain a concern to monitor.
MarketWhisper29m ago
Bitcoin Spot ETF Saw $760 Million in Inflows Last Week! But Whether the Rally Continues Requires Monitoring 3 Key Factors
US cryptocurrency spot ETFs showed a significant rebound last week, with Bitcoin and Ethereum recording net inflows of approximately $763.4 million and $160.9 million respectively, with prices bouncing back accordingly. Although the market is showing incremental buying signals, it still faces variables from central bank policies and geopolitical risks in the future. The market will continue to monitor ETF capital inflows and macroeconomic impacts.
CryptoCity44m ago
Market rally continues! Bitcoin returns to $75,000 level, ETF inflows persist
Bitcoin broke through $74,000 on March 16 as institutional capital flowed back into the market, with ETF net inflows reaching $1 billion, shifting market sentiment to bullish. Analysts predict Bitcoin could reach $80,000, but it is currently in a consolidation phase. $75,000 is a key resistance level; a breakout could lead to a test of $90,000, otherwise it risks a pullback.
区块客52m ago
MICA Daily | BTC Stable Above 30-Day Moving Average, Continues to Show Bullish Outlook
According to Binance data, Bitcoin's moving average convergence divergence indicator shows significant improvement in its price trend structure, with current trading price around $73,000, and moving averages in a divergent state, reflecting a market transition phase. Technical analysis indicates that the 30-day moving average is of high importance; if the price maintains above this moving average, it indicates buying support, otherwise it may enter a correction phase. Investors will judge the trend based on changes in moving averages.
区块客55m ago
Bitcoin Surges Toward $75,000: $600 Million Short Liquidations Drive Rally, ETF Inflows Emerge as Key Variable
On March 17, Bitcoin tested the 75,000 US dollar level driven by short liquidations, briefly reaching 75,653 US dollars before retreating. This rally was accompanied by massive liquidations totaling approximately 609 million US dollars in 24 hours, with shorts accounting for a significant proportion. Market sentiment has recovered somewhat, with capital inflows into spot demand and ETF support driving Bitcoin's rally. Future price movements will be influenced by sustained capital inflows and macroeconomic data.
GateNews1h ago
