$TRUMP meme coin will implement the next major unlock this week, estimated on April 18. This event has captured significant attention from investors with both interest and caution.
Launched on January 18, 2025, by then President-elect Donald Trump, $TRUMP is a Solana-based memecoin promoted as a digital asset embodying “community values and winning.” Leveraging Solana’s high-speed, low-cost infrastructure, it quickly gained traction among new crypto investors, particularly those entering the altcoin market for the first time.
It was listed on major exchanges like Binance, Coinbase, and Robinhood on January 19. Following its debut, $TRUMP surged to an all-time high (ATH) of $74.59 on January 21, reflecting intense market interest. However, it has since faced volatility, dropping significantly from its peak due to market dynamics and external factors.
TRUMP has already experienced significant price swings since its launch. After peaking at $74.59 on January 21, shortly following its debut, the token has seen a steep decline. As of writing time, $TRUMP has dropped approximately 88% from its all-time high, a trend exacerbated by external factors such as Donald Trump’s tariff announcements recently.
20% Unlock for $TRUMP: Negative Price Impact?
Recent Unlock this Week
This week marks a significant milestone for the $TRUMP meme coin as it gears up for a major unlock event on April 18, 2025.
According to a recent update from Cointelegraph, 40 million $TRUMP tokens—equivalent to 20% of its current circulating supply—will be released into the market. This amount is equal to approximately $330 million based on current prices.
Source: Tokenomist
This unlock is part of a structured release plan, with the next unlock events occurring over the next 24 months, aiming to unlock the remaining 80% of the total 1 billion tokens (currently locked). Such a substantial influx of tokens will likely increase market supply, potentially exerting downward pressure on the token’s price unless demand surges to match the new availability.
Historically, token unlocks have often led to volatility, as investors may sell off to secure profits, especially in the speculative meme coin space.
Political Memecoins and Price Manipulation Risk
The $TRUMP unlock event also reignites broader concerns about the risks associated with political meme coins. These tokens, often tied to high-profile figures, are particularly susceptible to market manipulation and rug pulls—scams where creators artificially inflate a token’s value before abandoning the project and absconding with investors’ funds.
CIC Digital LLC, a Trump Organization affiliate, and Fight Fight Fight LLC, a recently anonymously owned incorporated business from Delaware, hold 80% of $TRUMP tokens, though the split between them remains unnamed. This action has sparked debates about transparency and potential foreign influence in the memecoin market. Critics argue that such allocations could enable price manipulation, highlighting the need for stricter regulatory oversight in this volatile sector.
A parallel example in the political meme coin space is the $MELANIA token, launched on January 19, 2025, which also undergoes an unlock event this week.
Source: Tokenomist
Similar to $TRUMP, $MELANIA has attracted significant attention but has not been without controversy. Earlier this year, the token faced allegations of market manipulation, along with meme coin LIBRA, after security firm F.A.C.C.T. uncovered over ten fake websites targeting $MELANIA investors, leading to substantial losses for some. The incident underscores the vulnerability of politically themed meme coins to scams, as their hype-driven nature often makes them prime targets for fraudsters exploiting investor enthusiasm.
1/ How $LIBRA was created by the same team behind MELANIA and other short-lived coins
Featuring new onchain evidence
A thread with Coffeezilla 🧵 ↓ pic.twitter.com/gNwj97KapF
— Bubblemaps (@bubblemaps) February 17, 2025
Read more: Political Memecoins: A Repeating Pattern of Boom and Bust
As the April 18 unlock approaches, $TRUMP holders are bracing for potential price fluctuations. While the token’s strong community support—bolstered by Trump’s political following—may cushion some of the impact, the broader memecoin market remains a high-risk arena. Investors should approach with caution, diversifying their portfolios and staying vigilant for signs of manipulation or scams, as the political meme coin trend continues to evolve.
