The TRUMP memecoin, created with the participation of former US President Donald Trump, unexpectedly strengthened in price after 40 million tokens entered the market on April 17. These coins were previously frozen and belonged to the project's creators. The unlocked volume amounted to about 4% of the total emission limit and approximately 16.5% of all tokens in circulation.
The rise in the value of TRUMP against the backdrop of a potentially negative event may indicate high community involvement and interest from speculators. Investors seem to have perceived the release of tokens not as a signal to sell, but as an additional trading opportunity.
It is important to note that meme coins are often subject to sharp price fluctuations that may not be directly related to fundamental factors. However, TRUMP’s resilience to pressure from its founders may indicate continued investor confidence.
In March, it was reported that World Liberty Financial, a company associated with the Trump family, confirmed plans to launch its own dollar stablecoin called USD1. This move could expand the Trump-branded crypto ecosystem and strengthen TRUMP’s position in the market.
Thus, despite the appearance of a large batch of tokens in circulation and a current price that is far from its previous heights, TRUMP retains interest from market participants and remains a notable asset in the meme coin segment.