U.S. President Donald Trump’s Solana (SOL) based meme coin, Official Trump (TRUMP), is set to a major token unlock

U.S. President Donald Trump’s Solana (SOL) based meme coin, Official Trump (TRUMP), is set to a major token unlock event on April 18

U.S. President Donald Trump’s Solana (SOL) based meme coin, Official Trump (TRUMP), is set for a major token unlock event on April 18, with 40 million tokens—equivalent to 20% of its circulating supply—scheduled for release. Based on TRUMP’s price as of April 14, the unlock is valued at approximately $321 million.

The release will occur as a cliff unlock, according to crypto analytics platform Tokenomist, meaning all tokens become available at once—a move that could flood the market and amplify sell pressure.

Following this event, around $4 million worth of TRUMP tokens will continue to unlock daily until the next scheduled vesting event, potentially creating sustained supply-side pressure unless offset by demand.

From peak hype to price collapse

TRUMP token’s journey since its January 2025 launch has been anything but stable. The token soared to an all-time high of $73.43 within just two days of trading, only to crash over 70% in the following weeks.

This sharp decline has left over 813,000 wallets with estimated losses totaling $2 billion within just 19 days of its launch, according to Chainalysis. Meanwhile, the project’s creators reportedly pocketed more than $350 million during the rally. As of April 14, the token was trading at $8.02.

On-chain data also signals a decline in investor interest. The number of wallet holders has dropped to 637,235—a 0.3% decrease over the past week and a significant drop from the 800,000+ holders recorded in January, according to data retrieved by Finbold from a Dune Analytics dashboard.

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