- TRUMP memecoin will unlock $496.9 million tokens on July 18, representing 50% of its circulating supply.
- The token trades at $9.79 after falling from its $40 peak, but Justin Sun invested $100 million in the project.
- Large token unlocks typically create selling pressure as early holders take profits.
The TRUMP memecoin prepares for its largest token unlock event worth $496.9 million, scheduled for July 18. This massive release represents approximately 50% of the token’s current circulating supply, creating significant market pressure for the already struggling asset.
According to Cryptorank data, the unlock will flood the market with tokens held since the project’s early stages. Following this initial release, additional monthly unlocks worth around $210 million are expected to create sustained selling pressure.
Market Performance Shows Declining Momentum
TRUMP token has experienced substantial volatility since its launch. The memecoin initially surged above $40 during its peak performance but has since stabilized around the $10 price level. Current trading data shows TRUMP at $9.79 with an 11% weekly gain.
Market analysts view the current price range as a potential accumulation zone, particularly given the upcoming political season and increased media attention surrounding Trump. However, the token’s performance has remained relatively stagnant compared to its explosive early rally.
The timing of this unlock coincides with Crypto Week, potentially amplifying market reactions as industry participants gather for major events and announcements.
Justin Sun’s Strategic Investment Creates Market Buzz
Crypto entrepreneur Justin Sun announced a $100 million investment in TRUMP tokens via social media platform X. Sun described the token as “the future of crypto alongside the TRON blockchain” and outlined plans to bridge crypto communities while supporting mainstream adoption initiatives.
Sun’s investment comes with speculation about potential announcements before the unlock event. Traders suggest this could trigger a temporary price spike driven by fear of missing out (FOMO), followed by profit-taking once the unlock occurs.
Industry analysts note this pattern aligns with typical pre-event market behavior, where anticipation drives prices higher before fundamental factors reassert control.
The $10 price level has emerged as a psychological support zone for TRUMP holders. Technical analysts highlight this clean number as a potential entry point for investors seeking exposure to the political memecoin sector.
Despite the substantial unlock, some market participants believe any price decline may be temporary. They cite the token’s popularity and recent regulatory clarity improvements as potential stabilizing factors.
However, historical data shows that large token unlocks typically generate selling pressure as early investors and insiders realize profits. The scale of this unlock, affecting more than half of TRUMP’s circulating supply, represents a significant test for the token’s market structure.
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