The price movement following token unlocks—such as those for Solana (SOL) and TRUMP tokens on May 24—depends on how the market reacts. Here’s a breakdown of possible scenarios:
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📉 Reasons the Price Might Go Down
1. Increased Supply = Sell Pressure
When locked tokens become available, some holders (especially those linked to FTX or TRUMP insiders) might sell immediately, increasing supply and pushing prices down.
2. FTX/Alameda Liquidations (for SOL)
If tokens are liquidated to repay creditors, that could trigger localized selling.
3. Negative Sentiment
Traders might preemptively sell in anticipation of a dump, driving the price down before the unlock even occurs.
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📈 Reasons the Price Might Go Up
1. Buy the Fear, Sell the News
Sometimes markets overreact to unlocks, and prices rebound quickly once the event passes with less impact than expected.
2. Strong Demand
If there’s bullish sentiment in the broader market or interest in accumulating, the new tokens may be absorbed quickly, leading to price stability or even a rally.
3. Whale Accumulation
Big players might see the dip as a buying opportunity, supporting the price.
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🧠 What to Watch
• On-chain activity: Are large wallets moving the unlocked tokens?
• News and social media: Any statements from FTX liquidators or Trump-affiliated entities?
• Market mood: General crypto market direction often influences individual tokens.
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📊 Bottom Line
• Short term: There’s a risk of downward pressure, especially from SOL if linked to forced FTX sales.
• Medium to long term: It depends on broader market trends and whether the unlocks are absorbed smoothly. #TRUMP #solana