Overview:
$TRUMP token jumps 8.5% despite major supply unlock
40M tokens (worth $320M) released Thursday
Market stays strong amid thin liquidity and unclear project purpose
Surprise Rally After Token Unlock
The official Trump memecoin, $TRUMP, surged over 8% late Friday, even after 40 million new tokens—worth a staggering $320 million—were unlocked on Thursday. Contrary to fears of a sell-off, the price climbed from $7.54 to $8.30, defying expectations.
The unlock increased circulating supply by 20%, from 200M to 240M, despite making up only 4% of the total 1B supply. The newly released tokens belong to CIC Digital LLC, which handles Trump’s licensing operations, according to the project’s site.
Market watchers braced for dumping. Instead, thin Easter weekend liquidity (only $1.3M volume needed to move price 2%) amplified price movement in a bullish direction.
But What’s the Point of $TRUMP?
The use case remains fuzzy. The official website says $TRUMP represents support for the “ideals” associated with Donald Trump and is not meant as an investment, contract, or security.
636,000 wallets currently hold $TRUMP—but only around 12,285 wallets hold more than $1,000 worth, per Dune analytics. Research firm K33 has criticized the tokenomics as “poor,” especially after $TRUMP briefly touched $71 in January.
Regulatory Clouds and Political Drama
The token has sparked concern among regulators. Trump promoted the Solana-based token days before returning to office, prompting Public Citizen to demand an investigation into the promotion.
According to Reuters, insiders made nearly $100 million in fees during the first two weeks of trading. And now, U.S. lawmakers are watching closely—especially as the Trump family’s crypto involvement, including ties to World Liberty Financial’s stablecoin, adds complexity to stable-asset regulations.
Notably, Trump is listed as manager, president, secretary, and treasurer of CIC Digital LLC—the same entity licensing his name and image for multiple NFT drops.
Bottom Line:
$TRUMP may be rising, but questions remain: What is it really for? Who benefits from the unlocks? And how long will traders ride the hype?
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