Altcoin Emissions Under Scrutiny as TGE Events Shape Market Behavior

Key Points

1. Altcoin market emissions averaged $3 to $5 billion monthly from February through June, accounting for about 1% of the market cap, but TGEs like TRUMP and PUMP caused significant deviations.

2. TRUMP's TGE in January contributed nearly 3% of that month's emissions, leading to a bearish market shift, but the token later rebounded above $10, showing resilience.

3. PUMP's TGE in July accounted for nearly 39% of emissions but only caused a modest 1.5% increase in market cap, indicating that TGE size alone doesn't dictate market disruption.

4. TRUMP's market cap stands at $2.02 billion with strong support at $10, while PUMP struggles with a downtrend, trading at $0.002531 and facing resistance at $0.00262–$0.00280.

5. Market reactions to TGEs vary based on token strength, with TRUMP showing engaged market activity despite initial bearishness, while PUMP's higher trading volume hasn't translated to price strength.