The meme coin associated with Donald Trump, known as$BTC , has experienced significant volatility since its launch in January 2025. Initially, the coin surged to an all-time high of $75.35, but it has since declined sharply, with current prices hovering around $11.07 .(WSJ, The Economic Times)
A major event impacting the coin's market is the unlocking of 40 million tokens, valued at approximately $300 million, which began on April 17, 2025. These tokens are primarily owned by entities affiliated with the Trump Organization and are being gradually released over a two-year period. This influx of tokens into the market has raised concerns about potential price dilution and further depreciation .(Axios)
In addition to the token unlock, an exclusive gala dinner with President Trump has been announced for the top 220 holders of $TRUMP, scheduled for May 22, 2025. This event has led to a temporary surge in the coin's value, but questions about potential conflicts of interest and the long-term impact on the coin's price remain .(WSJ)
For more detailed and up-to-date information on $TRUMP's market performance and related news, you can refer to the following sources:(The Economic Times)
WSJ
MarketWatch
