TRUMP Meme Coin Price Soars 10% on $300M Token Unlocks, What’s Next?

19 Apr, 2025 Updated 19 Apr, 2025

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TRUMP Meme coin Price Soars 10% on $300M Token Unlocks, What's Next?

Highlights

The TRUMP meme coin price surged over 10% today after $307M token unlocks.
In contrast to the anticipated crash, the Donald Trump coin is moving up.
Expert sees short-term bullish potential, but bearish pressure still looms.

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Donald Trump’s official meme coin, TRUMP, had a great start, with a bullish price rally. However, the downfall hit harder, as the token lost 80% of its price from the ATH. Despite the US President’s attempts to influence its price, the token continued to decline, and investors feared a further collapse. Interestingly, it gained bullish momentum with $307M token unlocks, price surging more than 10% today.

Why is TRUMP Meme Coin Price Up Despite $307M Unlocks?

Official Trump (TRUMP), one of the popular meme coins, is in a continued downtrend, as it has lost nearly 28% of its value in the month. The trajectory of the Donald Trump meme coin remained highly bearish until today, as the price surged 10% after the $307M token unlocks (nearly 20% of the total supply.

Interestingly, such unlocks are bearish factors, as they increase the liquidity, diluting the price, but TRUMP’s unlock breakdown saved the day. Out of $307M tokens, 40M tokens will enter the circulation directly, and $4M unlocks will happen daily, diluting the impact.

Moreover, the investors’ sentiments worked in favor, with Trump influencing the Fed’s rate cut decision, potential relief in the Trump trade war, and other factors. Although the TRUMP token has entered an uptrend, experts believe it is short-term, as the bears’ dominance is still high.

What’s Next For TRUMP Meme Coin Price?

After hitting a weekly low of $7.5, the TRUMP price surged to a high of $8.5 today. With that, it is now trading at $8.20 with a high trading volume of $492.17 million and a market capitalization of $1.64 billion.

CryptoCove, a crypto analyst, believes this is just the beginning as the token TRUMP possesses the ability to surge another 12%. According to their analysis, TRUMP could hit $8.7 due to a bullish falling wedge formation. More importantly, the technical factors like volume, momentum, and others indicate a further surge.

Interestingly, some crypto community members also believe that the TRUMP price could reach the $12 mark, but a bullish momentum is important. The unpredictability is also high as there’s bears’ dominance due to the Trump trade war and other macroeconomic events.

Additionally, if it fails to hold the crucial support level, its price could crash to $2.5 or lower, according to many Official TRUMP price predictions.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Frequently Asked Questions (FAQs)

1. How much TRUMP meme coin entered the market with the unlock?

The team unlocked $307M worth of tokens, out of which 40M entered circulation immediately, and $4M would unlock daily.

2. How's TRUMP meme coin price performing today?

After a 10% surge in the last 24 hours, TRUMP memecoin trades at $8.20 with a high trading volume of $492.17 million.

3. How high can TRUMP coin go?

Experts believe the TRUMP coin will surge another 10-$12% if the bullish momentum continues.

TAGS
Donald Trump

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.