Trump Affiliates Gain $93 Million From TRUMP Memecoin Unlock

The recent token unlock for the Official Trump [TRUMP] memecoin has brought significant attention to the financial gains of Donald Trump. The unlocking of 90 million tokens, valued at nearly $93 million, has been allocated to entities closely associated with Trump. This event has sparked discussions about the potential impact on Trump's financial status and the broader implications for the memecoin market.

Despite the substantial liquidity injected into the market, the price action of the TRUMP coin was underwhelming. The memecoin briefly spiked to $10.24 before settling near $10.11, indicating a lukewarm response from investors. The Relative Strength Index (RSI) hovered just under 61, suggesting moderate strength, while the Moving Average Convergence Divergence (MACD) showed only a mild bullish divergence. This market reaction suggests that investor excitement may be fading, even as the value of the tokens held by Trump-affiliated entities continues to grow.

CIC Digital, an entity closely associated with the former U.S. President, now controls 76% of the token’s total supply across four labeled allocations. Following the recent unlock, the largest increase went to CIC Digital 2, which already held 18% of the supply. This wallet received an additional 4.5% of the total supply, further consolidating its position. In total, Trump-linked entities now have access to nearly $93 million worth of tokens, ensuring that they continue to benefit from the memecoin's performance, regardless of market fluctuations.

While the unlocking of the tokens has technically made Trump richer on paper, there is no indication that he has cashed out yet. The optics of the situation, however, are significant. The memecoin is backed by massive foreign buyers, including a mysterious Chinese firm, and crypto mogul Justin Sun, who has pledged an additional $100 million. This backing gives the memecoin a political as well as financial dimension, further boosting Trump's crypto-fueled fortune. Even if Trump never sells a coin, the sheer presence of that value continues to enhance his financial standing in the digital asset landscape.