TRUMP Coin News: Donald Trump Memcoin Set for $320M Mass Unlock Amid Record Low Price

Donald Trump's Memecoin Set for Major $320M Token Unlock Amid Historically Low Price

The token has lost 83% of its value since its launch in January.

Oliver Knight | Edited by Aoyon Ashraf on April 11, 2025, 2:18 PM

What you should know:

• The team behind Donald Trump's TRUMP memecoin will receive $320 million worth of tokens in an unlock scheduled for next week.
• Since its launch on January 18, the token has lost 83% of its value, with investors reportedly losing around $2 billion.
• If unlocked tokens end up on the open market, this could seriously change the supply/liquidity ratio, putting pressure on the price.

Next week, there will be a major unlock of US President Donald Trump's memecoin (TRUMP) tokens, during which the project team will receive $320 million, which is approximately 20% of the total supply.

The unlocking could come as another blow to thousands of investors who reportedly lost a total of $2 billion after purchasing the token in January.

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TRUMP is currently trading at $8.03, down 83% from January 18, two days before Trump's inauguration as president.

Token unlocks are generally seen as bearish events, as they involve new supply entering the market without incentives to increase demand. However, sometimes market prices fall to new lows before such unlocks.

According to Dune, there are 637,000 unique holders of the TRUMP token, down from 817,000 at launch. Currently, only 12,000 wallets hold more than $1,000 worth of TRUMP, a figure that has dropped significantly since January 19, when 143,000 wallets held that amount or more.

It is unknown whether Trump and his team plan to sell the unlocked memecoins next week, but selling on the open market could be disastrous given that the 2% market depth (a metric used to gauge liquidity) is between $980,000 and $2 million, meaning selling pressure at $320 million could cause the price to drop sharply.

Overall, memecoins have lost much of their appeal after a cycle dominated by retail investors looking to “get rich quick” on new memecoins, most of which were launched through dubious operations where insiders profited and other investors suffered losses.

According to CoinMarketCap, the market cap of memecoins has fallen from $119 billion in December to $45 billion today.

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