🚨 Key Developments 📌
🔓 Major Token Unlock on July 18
Around 45% of total supply (~90M tokens worth $450–$520M) will unlock on July 18, risking a sharp price drop .
📉 Price Outlook & Sell Pressure
On-chain activity shows coordinated insider/token dumps and a clear bearish trend .
Technically, price could fall another 25–40%, with support around $6–$8 .
🪙 Market Stats
Trading at around $8.75, down 85% from its $73 ATH.
Daily trading volume exceeds $215M – showing high activity, but mostly from major exchanges like Binance & OKX .
🌐 Network Expansion
TRUMP token has now bridged to the Tron network via LayerZero, aiming for more liquidity .
📰 Broader Crypto Move—Trump Media ETF
Trump Media filed for a “Truth Social Crypto Blue Chip ETF” focused on BTC, ETH, SOL, XRP, etc.
This reflects a larger push into crypto integration .
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🧩 Summary
Expect high volatility and strong downward pressure around the July 18 unlock. Insider selling is already happening. However, expansion to Tron and ETF ambitions show long-term intentions—though uncertainties and risk remain high.
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🔍 What to Watch:
Price dips toward $6–$8 post-unlock? That could be a buy zone for risk-takers.
On-chain wallets – if whales start selling, it’s a sign to step back.
News on Trump Media ETF – positive developments could boost sentiment across the ecosystem.