While Donald Trump is discussing the long-anticipated trading deal with China’s President Xi Jinping, the President’s own meme coin tacked on a bullish impulse. Certainly, the signature Trump coin (TRUMP) tumbled to nearly 99% since the all-time peak.
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That happened during the first inauguration days, but the potential deal to pause tariffs could end bear domination, if the deal is signed off in South Korea on Thursday.
$35M Unlock Lurks In To Bite Trump Coin’s Price
In a retrospective, the Official Trump coin (TRUMP) soared to $73.43 on January 19, 2025, but the lack of utility and constant TRUMP coin unlocks had pushed the presidential meme coin back to a single-digit price. While TRUMP’s price is up 29% in a week, $35M in unlocks is lurking around the corner.
Now, as the meme coin is breaking out, market watchers are raising the alarm about another TRUMP coin unlock coming this week. According to Collin Wu, the biggest linear token unlock coming this week in terms of circulation percentage is no other than TRUMP coin, putting 4.89 million coins in circulation.
Why a $20 Target Is Applicable For Trump Coin
While linear token unlocks don’t tend to hurt the short-term price trends as much as cliff unlocks, inflation is to be expected. By unlocking 2.45% of circulation in a week, this type of token emission is likely to cause a short-term sell-off, unless it’s matched with substantial buying power from whales.
Despite this, technical crypto analysts believe that burying the hatchet between the United States & China could serve a strong catalyst for Trump coin’s rebound to double-digit zone, naming the $20 price target as ‘realistic’, also marking it as a rational profit-taking range.
Main Hurdles In Trump’s Way To $20 Price Tag
The last time Trump’s official coin hit this target was February 15, 2025, with following attempts to recoup a double-digit market value in April, June & July, all short-lived. Overshadowed by the constant TRUMP coin unlocks, the PolitiFi meme coin is saved by huge trading volumes. Sitting on $6.90, the token is witnessing profit-taking.
Garnering nearly $2 billion on Tuesday, Trump’s meme coin continues to be among the leading ones in the meme coin field. Currently seated at #6, Trump’s official meme coin sports a $1.38 billion market capitalization, similar to blue-chip meme names like Pudgy Penguins (PENGU) and Solana’s native dog Bonk Coin (BONK).
Regardless, the current crypto currency whale sentiment hints at major-scale players not being convinced – the Chaikin Money Flow (CMF) still dwells in largely negative territory, while the $20 TRUMP price target requires a quadrupled TRUMP market cap at this point.
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TRUMP is a Solana-based meme coin linked to President Donald Trump. Launched Jan 17, 2025, via ICO. Total supply: 1 billion tokens. 200M sold publicly; 800M held by Trump entities.
Timed pre-inauguration as “MAGA” symbol. Promoted at Crypto Ball. Ties into Trump’s pro-crypto push for “golden age.” 80% controlled by CIC Digital and affiliates.
Surged to $73.43 peak on launch day, $15B market cap. Now trading at $6.9, down from highs. Recent 10% uptick on Trump-Xi summit buzz. Volatile like most memes.
Ethics probes over conflicts: Trump promotions boost value. 764K wallets lost money; 58 made millions. $350M+ netted by creators in fees/sales. Pump-dump suits vs. related MELANIA team.
High volatility; potential dumps from unlocks. Watch ethics bills, foreign investor events. Links to World Liberty Financial add exposure, but scams abound in meme space.
