In January 2025, U.S. President Donald Trump introduced a memecoin named $TRUMP.
U.S. President Donald Trump's memecoin, $TRUMP, has seen a significant decline since its launch in January 2025, with the token's price falling by 83% from a high of $75.35 to its current level of around $8.
According to reports, approximately 813,000 wallets purchased the coin, and collectively, they've lost nearly $2 billion since the launch.
A large event is pending on April 17, 2025, as the project team will release 40 million additional $TRUMP tokens, valued at approximately $320 million. These tokens, which represent about 20% of the supply, are mainly held by entities such as CIC Digital LLC and Fight Fight Fight LLC.
CIC Digital is linked to Trump's personal trust.
Investors are becoming uneasy. If the team liquidates these unlocked tokens on the open market, it will quickly increase the supply and push the price down further. Considering the low liquidity, this could collapse the price significantly.
Earlier, some early investors managed to make huge sums. One individual reportedly profited more than $300 million from an initial investment of $1 million. However, most individuals who invested later have seen their money decrease rapidly.
This highlights the risks associated with memecoins, especially when they are linked to public figures. As the unlock event approaches, the market is keenly following developments.
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