TRUMP tokenholders face steep losses as the first vesting unlock goes live on April 18

The unlocked tokens account for 20% of the current circulating supply and could introduce fresh volatility as a previously illiquid portion of the supply hits the market.

The first installment of TRUMP tokens will be released on April 18, marking a significant event for the token, which has already seen steep losses since its launch.

About 40 million TRUMP tokens, currently valued at $309 million, will be unlocked and added to the circulating supply. This portion of the tokens is being released to the “Creators and CIC Digital LLC,” according to the token’s website.

The unlocked tokens will be available for trading, potentially impacting the token price and introducing fresh volatility. Previously, illiquid portions of the supply, held in private wallets, had limited influence on price movements.

The unlocked tokens account for 20% of the current circulating supply, which is around 200 million tokens, according to data from CoinGecko.

The TRUMP token price has fluctuated between $7.46 and $7.83 in the past 24 hours. The token's value has collapsed since its all-time high of $73.43, reached on January 19, just two days after launching ahead of U.S. President Donald Trump's inauguration.

The token's price peaked at $66.99 in the afternoon hours of January 17, quickly plummeting to $4.47 by the following morning. This rapid collapse resulted in a 93% decline from its peak.

Moreover, the TRUMP token is down 89.5% from its all-time high, and estimates from blockchain analytics firm Chainalysis indicate that the token's value collapsed in the weeks following its debut, leading to a loss of over $2 billion for over 800,000 wallets.

However, gains or losses are only realized upon sale, meaning that TRUMP token holders won't incur actual losses unless they decide to sell their tokens.