Trump recognizes TRUMP Token as a political sentiment indicator, and the price has fallen 85% while facing significant unlocking pressure.

BlockchainTechnologyFrontier · 2025-06-07T20:23:43+00:00

Recently, U.S. President Donald Trump retweeted an article on social media platform, acknowledging its official Memecoin (TRUMP) as a measure of public political sentiment. Data shows that the current price of the token is about $10, down 85% from the historic high of $73 set in January. On-chain data indicates that only 26.48% of TRUMP tokens are currently in circulation, with 735 million tokens (73.52%) yet to be unlocked. Based on the current price, the 50 million tokens set to be unlocked on July 18 are valued at approximately $520 million, which may put further pressure on market prices. On June 7, Eric Trump, son of Donald Trump, announced that his supported encryption company plans to acquire "a large amount" of the token, but the market reacted flatly. Industry insiders point out that the short-term price fluctuation of Memecoin is driven by speculation, but the long-term trend may reflect public sentiment regarding Trump's political prospects.

BlockchainTechnologyFrontier

2025-06-07 20:23:43

U.S. President Donald Trump recently retweeted an article on social media platforms, endorsing his view of the official Memecoin (TRUMP) as a measure of public political sentiment. The current price of the token is around $10, down 85% from its all-time high of $73 set in January, the data showed. On-chain data shows that only 26.48% of TRUMP tokens are currently in circulation, and the remaining 735 million (73.52%) have not yet been unlocked. At current prices, the 50 million tokens that will be unlocked on July 18 are worth about $520 million, which could put further pressure on the market price. On June 7, Trump’s son, Eric Trump, announced that his crypto firm planned to acquire “a large amount” of the token, but the market reaction was muted. Industry sources pointed out that the short-term price volatility of Memecoin is driven by speculation, but the long-term trend may reflect the public’s expectations of Trump’s political prospects.

TRUMP1,47%

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