TRUMP Memecoin Unlock to Release $830 Million in Tokens July 17

Cryptocurrency analyst Ilya Sleptsov has offered significant insights ahead of the upcoming unlock of the TRUMP memecoin. Sleptsov highlighted that a substantial amount of $830 million in tokens is set to be released on July 17, which could potentially impact the market dynamics. Additionally, a daily linear distribution of $6.4 million will begin on the same day. This unlock is part of a broader project where DT Marks DEFI LLC, a company associated with Donald Trump, is slated to receive 22.5 billion out of a total 100 billion $WLFI tokens. This allocation is a critical component of the project's distribution strategy, aiming to establish a robust foundation for the token's circulation and adoption.

Sleptsov noted that prior to this development, 18 days ago, the Trump team withdrew $20 million worth of TRUMP from the Meteora platform and sold it on exchanges. This move was not unprecedented, as the team has a history of similar actions. Additionally, crypto billionaire Justin Sun had promised to buy $100 million worth of TRUMP and had already purchased at least $26.4 million of that amount. Of these purchases, $24.84 million came directly from the Trump team, while $1.57 million was purchased through Binance. Sleptsov predicted that the remaining $74 million would likely be acquired OTC (over-the-counter) from unlocked token holders.

Sleptsov also noted that investors who previously attended Trump's VIP dinner have also largely sold their tokens. He also noted that World Liberty Financial's imminent tradability of its WLFI token could draw liquidity away from the Trump memecoin. Despite the community's devotion to Trump and the TRUMP team's habit of delivering positive news to the market, Sleptsov argued that the token supply is still excessive in current market conditions and that the TRUMP price could see significant drops in the coming weeks.

“Another delay in unlocking could have saved the token,” the analyst said, adding that the possibility is now low now that Justin Sun has publicly announced his acquisition plans. The upcoming unlock of the TRUMP memecoin is expected to bring about significant changes in the cryptocurrency landscape. According to Sleptsov, the release of such a large volume of tokens could lead to increased market activity and potentially influence the token's price. The analyst's evaluation underscores the importance of monitoring the market closely in the days leading up to and following the unlock. Investors and traders alike are advised to stay informed about the developments surrounding the TRUMP memecoin to make well-informed decisions.

The unlock of the TRUMP memecoin is part of a broader strategy to integrate stablecoins and accelerate international payments, significantly lowering transaction costs. This phase, set to launch in the next 60–90 days, aims to enhance the efficiency and accessibility of cryptocurrency transactions. The integration of stablecoins is expected to provide a more stable and reliable medium of exchange, which could attract a wider range of users and investors to the TRUMP memecoin ecosystem. The challenges for cryptocurrency lie ahead, not in the past. The toughest obstacles for the industry are yet to be faced, and the upcoming unlock of the TRUMP memecoin is just one of the many hurdles that the market will need to navigate. As the cryptocurrency landscape continues to evolve, it is crucial for stakeholders to remain vigilant and adaptable to the changing dynamics. The unlock of the TRUMP memecoin presents an opportunity for the market to demonstrate its resilience and potential for growth.