The cryptocurrency community is on edge as Donald Trump’s memecoin, TRUMP, faces a significant token unlock that could send shockwaves through the market.
Launched just ahead of Trump’s second presidential inauguration, the coin made headlines earlier this year when its value briefly surged to $14 billion. But the hype didn’t last—TRUMP’s price collapsed by nearly 90% in the following weeks as early investors rushed to sell.
Now, the planned release of 40 million additional tokens is stoking fears of renewed volatility. The tokens are set to be unlocked on April 18 at 09:00 Turkish time (UTC+3) and are allocated to entities reportedly connected to Trump, including CIC Digital LLC and Fight Fight Fight LLC. These groups together control approximately 80% of the tokens set to be unlocked, according to the project’s official website.
This upcoming unlock adds to the 200 million tokens already in circulation, with plans to increase the total supply to 1 billion over the next three years.
The situation has drawn sharp attention from traders, investors, and analysts alike, many of whom are weighing whether to exit or hold amid the uncertainty.
Meanwhile, the broader crypto market is watching how this unlock might echo across sentiment and pricing, especially as memecoins continue to be driven by speculation and social buzz.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/trump-memecoin-40m-tokens-set-to-unlock-will-the-price-tank-again/