A massive token unlock for the TRUMP memecoin is set to hit the market on July 17, with $830 million in supply being released and a continuous $6.4 million daily issuance to follow—raising concerns about incoming sell pressure.
Analyst Ilya Sleptsov sees early warning signs already in motion. Nearly three weeks ago, the Trump team quietly unloaded $20 million worth of tokens on the open market. While not an unprecedented move, the timing has drawn attention.
Adding to the intrigue, Justin Sun has pledged to purchase $100 million worth of TRUMP. So far, he’s picked up around $26.4 million, with the majority acquired directly from the Trump team. Sleptsov expects the rest of the purchase to come from over-the-counter deals with early unlock recipients.
Meanwhile, former VIP event attendees have reportedly exited their positions, and the upcoming launch of World Liberty Financial’s WLFI token may drain liquidity from the TRUMP market.
Despite strong community backing and frequent bullish headlines, Sleptsov warns that the token’s circulating supply may be too large for the current environment. A further delay in distribution, he argues, might have offered some protection—but Sun’s public buying plans make that scenario unlikely.
Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
Source: https://coindoo.com/analyst-warns-trump-token-could-face-heavy-sell-pressure/