#TrumpTariffs 🚨Here’s today’s update on the Official Trump meme‑coin ($TRUMP).

🪙 Cryptocurrency Update

Live price: approximately $11.09 USD today

24‑hour change: slight uptick (~+0.7%)

Market cap: around $2.1 billion, with nearly 200 million circulating tokens

📉 Key Developments

Recent dump: insiders executed a $1 million token offload, pushing the price near its local lows . This marks a continuation of systematic liquidation behavior by the project team.

Major unlock ahead: a $520 million token release is scheduled around July 18, likely increasing supply and adding downward pressure .

Market slump: $TRUMP has tumbled roughly 85% from its peak (~$75 in Jan), despite the team’s efforts to propping it up with modest buys—it’s not showing strong recovery signals .

Backing by World Liberty Financial: Eric Trump’s DeFi project has officially aligned with the token and intends to purchase more for its treasury—however, the impact has been mild (about +6%) .

Focused on ecosystem: there's a newly announced Trump-branded crypto wallet tied to Solana and Magic Eden, indicating continued infrastructure expansion .

Ethical concerns: critical voices characterize the coin drops and insider activities as potential conflicts of interest or corruption .