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Cryptocurrency News Articles

OFFICIAL TRUMP (TRUMP) Token Unlocks, Price Surges Despite the Sell-off Fear

Apr 21, 2025 at 03:58 pm

Today's spotlight is on OFFICIAL TRUMP (TRUMP), a meme coin tied to the former U.S. President, after a major token unlock shook the community.

OFFICIAL TRUMP (TRUMP) Token Unlocks, Price Surges Despite the Sell-off Fear

The spotlight today falls on OFFICIAL TRUMP (TRUMP), a meme coin linked to the former U.S. President, following a major token unlock that had the community on tenterhooks.

As $300 million worth of TRUMP tokens entered circulation—with many expecting a sharp price correction—the asset saw an unexpected surge, climbing nearly 17% at its peak earlier today and holding gains of around 10% at the time of writing.

This bullish reaction, despite the looming fear of a sell-off, surprised the market, which also saw the broader crypto space show signs of recovery, with the total market cap rising nearly 1%. Meme coins, once again, hint at a comeback.

Yesterday’s unlock involved a sizable amount of TRUMP tokens, but no large sell orders have appeared from the team so far. The community braced for the worst — a possible dump and flash crash — yet nothing materialized.

This absence of a sell-off has been interpreted as a bullish sign, especially for short-term holders.

The post Unexpected Rally: TRUMP Soars 10% After Major Token Unlock as Apex Coins Show Signs of Recovery appeared first on 99Bitcoins.

The bullish price action in the crypto market continues, with the total market cap now up nearly 1% at the time of writing. The narrative around meme coins also hints at a comeback.

However, one asset that has surprised many is seeing even more bullish strength.

OFFICIAL TRUMP (TRUMP) saw an unexpected surge today, climbing nearly 17% at its peak and holding gains of around 10% at the time of writing.

This bullish move comes after a major token unlock saw $300 million worth of TRUMP tokens enter circulation. Many expected this to lead to a sharp price correction.

But instead, the asset shrugged off the new supply and saw buying pressure emerge.

This had some traders discussing the potential for a short squeeze, especially considering that short-term traders braced for the worst—a possible dump and flash crash.

However, no large sell orders appeared from the team yet, and the community largely expected this move.

This had some traders discussing the potential for a short squeeze, especially considering that short-term traders braced for the worst—a possible dump and flash crash. But no large sell orders appeared from the team yet, and the community largely expected this move.

The absence of a sell-off was interpreted as a bullish sign, especially for short-term holders.

Currently, TRUMP is up nearly 10% on the day and has clawed back some recent losses, seeing a gain of around 2% this week. However, it remains down about 27% for the month, highlighting the asset’s volatility.

From a technical analysis perspective, TRUMP appears to be in a tightening range after falling from a local high of $8.50 to a recent low near $7.89. Prices now trade between $7.41 (support) and $7.63 (resistance).

Analysts have flagged $7.32 as a key pivot, with potential take-profit zones both above and below, depending on the price’s reaction. Many are now watching for a possible retest of the $8.60 level if bullish momentum continues.

Community sentiment across platforms remains strongly bullish, with many calling for a breakout and speculating a possible squeeze, with predictions that TRUMP could revisit and surpass the $8.60 range.

Some traders are identifying basing patterns and other indicators, though not all believe that these formations hold any real predictive value — especially in the unpredictable world of meme coins.

The OFFICAL TRUMP token page has remained silent since April 11, leaving the community to fuel speculation. While the team hasn’t made any public moves, the lack of immediate token dumping is seen as a short-term positive.

Still, concerns remain. TRUMP is down almost 90% from its all-time high, and the unlocked tokens now provide the team with a vast supply that could be sold at any time.

Although only 20% of the supply was made available today, the potential for a sudden sell-off and flash crash lingers, casting uncertainty over the project’s outlook.

In the end, today’s green candle offers temporary relief and hope — but it doesn’t guarantee stability. Investors remain cautious, watching closely to see whether this rally marks the start of a comeback or just a short-lived pump before another drop.

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