- TRUMP memecoin jumped 9% after a $320M token unlock, despite still being down 88% from its January peak of $71.
- Thin liquidity makes the token highly volatile, with just $1.3M in trading able to move price 2% on major exchanges.
- Investors have lost an estimated $2B, and rumors of a coordinated move by large holders remain unverified.
In a twist only crypto could pull off, Donald Trump’s official memecoin, TRUMP, managed to climb more than 9% in the last 24 hours—right after a massive $320 million token unlock. But don’t get too excited… the token is still down a brutal 88% from its January high of $71, now sitting around $8.40.
And for a lot of early investors? This bounce feels like too little, too late.
A Token Unlock and Price Went Up?
Yeah, weirdly enough, the market didn’t freak out like it normally would. Token unlocks usually flood supply and tank prices—but this time, it seems like traders may have priced it in ahead of time. Could explain the jump.
Still, risks are far from over.
TRUMP’s liquidity is razor-thin—data shows that just $1.3 million in buying or selling volume is enough to move the price 2% on major exchanges. That means even a medium-sized selloff could send this thing spiraling again. Especially when most folks are still sleeping off the Easter holiday weekend and trading volumes are lower than usual
Investors Bleeding Billions & Rumors in the Air
Let’s not forget: the estimated loss among TRUMP holders is around $2 billion. That’s… a lot of regret. And while there are over 636,000 holders, only about 12,000 wallets hold more than $1,000 worth of the token. That paints a picture of a heavily retail-driven token with a small number of whales potentially holding the cards.
Speaking of whales—there’s some chatter floating around about a possible private event or coordination among large holders, but that’s all speculative. Nothing confirmed, just rumors. As always in meme-land, it’s hard to tell what’s real and what’s just noise.
Bottom line? TRUMP might’ve caught a short-term bounce, but with a massive unlock, shaky liquidity, and billions already lost, it’s walking on a tightrope—and that rope’s feeling pretty thin right now.
