Trump Meme Coin Faces Sell-Off Pressure
The Trump meme coin ($TRUMP ) is under pressure as 40 million tokens, worth over $300 million, are set to unlock starting April 17. These tokens are tied to Trump Organization affiliates and will be released gradually over two years. Analysts warn that this could cause a major sell-off, potentially pushing the price down to $6 or even $3 in the coming weeks.
The coin, which once peaked at $73 after launching in January 2025, now trades around $8. Without strong utility or backing, investor confidence is fading, adding to concerns about its future.
