TRUMP Meme Coin Important Signal: $496.9 Million Token Unlocking Selling Pressure, Ready to Welcome Dumping Fluctuation?

The official meme coin TRUMP of U.S. President Trump will face a significant token unlocking worth $496.9 million this week, an event that adds insult to injury for this already weak asset. This unlocking occurs after a prolonged price fall, raising concerns about further declines.

Trump faces the largest scale unlock in history, is a sell-off wave coming?

This week, millions of crypto assets are expected to be unlocked, but the most attention is on the TRUMP meme coin. According to Cryptorank, this unlocking is scheduled for July 18. At that time, about 50% of the circulating supply of Trump will be released into the market. Subsequently, tokens worth approximately $210 million will be unlocked each month.

(Source: Cryptorank)

The unlocking comes at a difficult time for the token. Since its rapid rise and breakthrough of 40 dollars, the TRUMP token has currently stabilized around 10 dollars. Some analysts believe that this level presents a good buying opportunity, especially against the backdrop of the upcoming political season in the U.S. and the media's focus returning to Trump.

What is even more concerning is that Justin Sun recently announced the purchase of TRUMP tokens worth 100 million dollars. He shared this news on X (formerly Twitter) and described TRUMP as "the future of cryptocurrencies that will run alongside the TRON blockchain." He stated that his broader vision is to connect communities like GetTrumpMemes and support initiatives that drive the mainstream adoption of cryptocurrencies.

There are rumors that Justin Sun and the Trump team may announce significant news before the unblocking. This could lead to a price surge due to speculation, followed by a fall as people take profits. Some market observers believe this pattern aligns with the typical pre-event trend: a rapid price increase due to fear of missing out (FOMO), followed by a pullback.

TRUMP meme coin price outlook

According to CoinGape, despite Justin Sun indicating support and possibly issuing an announcement, the upcoming large-scale unlocking is significant as it will affect the circulation of the TRUMP meme coin by more than half. Historical experience shows that large-scale unlocking usually leads to selling pressure, as early holders or insiders sell to take profits.

However, some investors believe that the fall in the value of the TRUMP meme coin may not last long. They think that the popularity of the TRUMP token and the recent increase in regulatory transparency may support its value.

A cryptocurrency analyst shared their views, pointing out that psychological factors, clear numbers, and clear entry points are the main factors driving the price of TRUMP coin to rise around 10 dollars.

As the political season heats up and media attention on Trump continues to rise, they emphasize that the Token has not yet shown significant fluctuations.

The analyst emphasized that they prefer to enter early under a robust risk/reward setting, rather than waiting until the broader cryptocurrency community notices the token and then chasing it up to $40.

(Source: Trading View)