- Trump Meme Coin is about to release 40 million tokens worth $320 million.
- Experts warn the price may drop quickly after the unlocking starts.
- If you hold this coin, watch the market closely and think carefully before acting.
A major event in the crypto world is around the corner. Around 40 million Trump-themed meme coins—worth about $320 million—are set to unlock starting April 17. These coins are said to be owned by people or groups linked to the Trump Organization. The unlocking process will happen gradually over two years, but investors are already worried this could lead to a big drop in the coin’s price.
What Is the Trump Meme Coin?
The Trump Meme Coin is one of the many fun and risky cryptocurrencies that have become popular in recent years. It’s part of a growing trend where coins are made using the names of famous people, like celebrities or politicians. Even though this coin isn’t officially backed by Donald Trump, its name has attracted a lot of attention and hype.
A lot of people have been trading this coin, hoping its value would go up. Some see it as a fun investment, while others are just trying to make quick profits. Because it’s based more on hype than strong fundamentals, the price has gone up and down a lot over time.
What’s Happening With the Unlock?
Starting around April 17, 40 million Trump Meme Coins will start to unlock and become available for trading. This won’t happen all at once. Instead, the coins will be released little by little every day over two years. This kind of slow release is meant to avoid shocking the market with too many coins at once.
Still, many experts believe the price might fall quickly. Right now, the coin is trading around $8. But some market watchers think it could drop to $6 or $7 right after the unlocking begins. If many holders start selling their coins early, it could go even lower—possibly around $3 by the end of May.
How Are Investors Reacting?
People who own the coin are split. Some believe the coin still has potential, thanks to its popularity and strong online community. Others are nervous and thinking about selling before prices fall.
Traders are watching closely to see how things unfold once the coins start unlocking. If too many people try to sell at the same time, it could create a lot of downward pressure on the price. This is especially risky for meme coins, which usually don’t have strong long-term support like major cryptocurrencies such as Bitcoin or Ethereum.
Final Thoughts
Meme coins like this one can bring quick gains, but they also come with high risks. The Trump Meme Coin unlock is a big moment that could lead to big price changes. Investors should stay alert and make sure they understand what’s happening before making any decisions.