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TRUMP Token Dips Below $5 as Major Unlock Fuels Selling Pressure
The Official Trump (TRUMP) meme coin is facing renewed downside risks this week, with a substantial token unlock valued at approximately $24.8 million set to increase circulating supply and intensify bearish sentiment.
Key Highlights
Data from Tokenomist reveals that the upcoming unlock will flood the market with 4.89 million tokens, placing significant pressure on an already struggling price action. Investors have endured repeated tests of conviction as the token continues to trend lower.
At press time, TRUMP is trading around $5.05, reflecting a nearly 20% decline over the past month and a roughly 2% drop in the last 24 hours. Despite the price weakness, 24-hour trading volume has surged 34% according to CoinMarketCap, signaling heightened activity and potential distribution.
TRUMP Price Outlook: Support Under Threat
Token unlocks don’t always trigger immediate dumps, but they often exacerbate existing market trends. For TRUMP, the overarching pattern remains bearish, characterized by a series of lower highs and lower lows within a descending channel.
The token is currently teetering just above a key support zone between $4.70 and $5.00—a level that has previously absorbed selling pressure but is showing signs of fatigue after multiple retests.
This Week’s Major Token Unlocks Comparison
TRUMP Momentum Fades as Bitcoin Hyper Heats Up
While TRUMP’s initial hype appears to be cooling, attention is shifting toward projects offering real utility on Bitcoin. Bitcoin Hyper (HYPER), an emerging Layer-2 scaling solution, is generating substantial excitement by combining Solana-grade performance with Bitcoin’s security.
The project has already raised an impressive $29.6 million in its ongoing presale, drawing in investors eager to stake and participate in its expanding ecosystem—which includes NFTs, gaming, DeFi, and more.
By leveraging Layer-2 technology, Bitcoin Hyper dramatically reduces transaction times and fees that have long plagued the Bitcoin network, making everyday use and complex applications viable. Early backers are positioning themselves ahead of broader adoption, highlighting a clear contrast to pure meme-driven assets like TRUMP.