$TRUMP meme coin will unlock 20% of its tokens this week, potentially impacting price

This event has captured significant attention from investors with both interest and caution. The $TRUMP token has already experienced significant price swings

$TRUMP meme coin will implement the next major unlock this week, estimated on April 18. This event has captured significant attention from investors, sparking both interest and caution.

20% Unlock for $TRUMP: Negative Price Impact?

About $TRUMP Meme Coin

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.

The token 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 the immense interest in the token. However, it has since faced volatility, dropping significantly from its peak due to market dynamics and external factors.

The $TRUMP token 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.

Recent Unlock this Week

This week will see the next major unlock event for the $TRUMP meme coin, with 40 million $TRUMP tokens set to be released into the market on April 18, 2025.

According to a recent update by Cointelegraph, this amount, which equals about 20% of the token’s current circulating supply, will be unlocked, adding up to approximately $330 million at current prices.

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 rekindles broader concerns about the risks associated with political meme coins. These tokens, frequently tied to high-profile figures, are particularly susceptible to market manipulation and rug pulls—scams where creators inflate a token’s value before abandoning the project and absconding with investors’ funds.

Moreover, 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.

In a parallel development, another political meme coin, $MELANIA, is also set for an unlock event this week. Like $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 lessen some of the impact, the broader memecoin market remains a high-risk arena. Investors should proceed with caution, diversifying their portfolios and remaining vigilant for signs of manipulation or scams, as the political meme coin trend continues to evolve.