According to a report by Cointelegraph, U.S. President Donald Trump recently retweeted an article on the social media platform Truth Social, endorsing the view of its official Memecoin (TRUMP) as a measure of public political sentiment. Data shows that the current price of the token is about $10, down 85% from its historical high of $73 reached in January. On-chain data indicates that currently, only 26.48% of the TRUMP tokens are in circulation, with 735 million tokens (accounting for 73.52%) yet to be unlocked. At the current price, 50 million TRUMP tokens scheduled to be unlocked on July 18 are valued at approximately $520 million, which may exert further pressure on market prices. On June 7, Trump's son Eric Trump announced that the cryptocurrency company he supports plans to acquire "a large amount" of this token, but the market reaction was tepid. Industry insiders point out that short-term price fluctuations of Memecoins are driven by speculation, but the long-term trend may reflect the public's expectations regarding Trump's political prospects.