A major event is about to hit the memecoin associated with Donald Trump $TRUMP. This week, 40 million TRUMP tokens will be unlocked, with a total estimated value of over 320 million dollars. This could trigger significant price volatility for the token. The unlocked tokens will be distributed to the project team and early insiders. Since most of them received these tokens for free, many are expected to sell, which could put strong selling pressure on the market. Details of the Token Unlock On April 18th, 2025, around 40 million TRUMP tokens worth roughly 330 million dollars will be released. This represents 20% of the circulating supply. It will be the first major unlock for this coin, and traders are watching closely to see how the market reacts. After this event, about 493000 tokens will be unlocked daily, equivalent to nearly 4 million dollars per day. Smaller unlocks will continue until the next big one in July. This gradual release will steadily increase the supply in circulation. Impact on $TRUMP Price Currently, TRUMP is showing signs of weakness. The token is trading around 8 dollars and 37 cents, down over 1 point 27 percent in the last 24 hours and nearly 29 percent over the past month. Technical analysis shows that selling pressure is dominant. The nearest support is at around 7 dollars and 50 cents a level where buyers previously stepped in. If it breaks below that, the price could fall to 6 dollars and 80 cents. On the upside, resistance levels are expected at 9 dollars and 20 cents, and 10 dollars and 90 cents. Funding rates have turned negative, indicating the possibility of a short squeeze where short sellers are forced to buy back the token, potentially driving the price up quickly. However, this scenario is not guaranteed. Market cap currently sits at 1 point 67 billion dollars, down 1 point 27 percent in the last 24 hours. Trading volume has surged to 476 million dollars, up nearly 18 percent. Blockchain data also shows a decline in the number of wallets holding TRUMP. There are now around 638000 wallets, down from over 800000 in January. Only 13000 wallets hold more than 1000 dollars worth, suggesting that most investors have small, speculative positions. Confidence in the token appears to be weakening. Conclusion The upcoming unlock of TRUMP on April 18th is a critical moment. With 40 million tokens being released mostly to insiders there’s a strong chance of a major sell-off. While some traders are hopeful for a bounce or a short squeeze, overall market sentiment remains bearish. Both technical indicators and on-chain data point to elevated risk. As the unlock date approaches, investors should closely monitor market conditions. Whether the price goes up or down, one thing is certain: volatility is coming. #CryptoForBeginners #CryptoInvestingTips #LearnCrypto #BeginnerCryptoGuide #HowToInvestInCrypto
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