$TRUMP coin is likely to go down further due to several key reasons. First, a massive amount of tokens are being unlocked and released into the market, creating strong selling pressure. Second, around 80% of the supply is controlled by Trump-linked companies, which adds centralization risk—any selling from these insiders could crash the price. Third, the recent price pump was driven by a one-time event (a gala dinner), and now that hype has faded, there’s no strong utility to support long-term growth. Additionally, many early traders and whales have already taken profits, leaving less incentive for new buyers. Lastly, the overall crypto market is in a correction phase, and meme coins like $TRUMP tend to fall harder in bearish conditions.