Crypto markets brace for turbulence as TRUMP token faces its largest-ever supply unlock, releasing 45% of its circulating tokens valued at approximately $959 million. This massive release dwarfs typical monthly token distributions and threatens to overwhelm existing market liquidity.
Historical patterns suggest such substantial unlocks frequently trigger price instability, compounding existing pressures on TRUMP which already trades 85% below its all-time peak. Early signs of market stress emerged as whales moved 1.39 million tokens to Binance, signaling potential pre-unlock sell-offs.
Counterbalancing forces include substantial political backing and a recent $100 million investment from prominent crypto entrepreneur Justin Sun. These factors may provide critical price support amid the turbulence, with market analysts eyeing a potential rebound target near $40.
The event draws parallels to other high-profile unlocks like Pi Network (PI), where similar dilutive events pushed prices to record lows. Market participants remain wary despite stabilization efforts, highlighting how token unlocks often test investor confidence.