TRUMP Falls 85% From Its ATH. $520M Unlock Looms July 18

The TRUMP meme coin has experienced an **85% drop** from its **all-time high (ATH)**, and a significant **$520 million token unlock** is scheduled for **July 18, 2024**. Here’s what you need to know: ### **Key Details:** 1. **Price Decline** - TRUMP is down **85% from its peak**, reflecting extreme volatility typical of meme coins. - The drop may be due to profit-taking, fading hype, or broader crypto market trends. 2. **Upcoming $520M Token Unlock (July 18)** - A large amount of TRUMP tokens will be released into circulation, potentially increasing selling pressure. - Unlocks can lead to **dumps** if early investors or team members cash out. 3. **Market Impact** - If demand doesn’t absorb the new supply, the price could drop further. - Traders might front-run the unlock, selling before July 18 to avoid downside risk. ### **What to Watch For:** - **Trading volume & liquidity**: Is there enough buying interest to counter the unlock? - **Whale activity**: Large holders could sway the market post-unlock. - **Broader crypto trends**: Bitcoin & Ethereum movements may influence meme coin sentiment. ### **Should You Be Worried?** - If you're holding TRUMP, **consider the risks** of further dilution. - If you're trading, **watch for volatility spikes** around the unlock date. Would you like an analysis of historical unlock impacts or potential price scenarios?