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Is Trump Coin the Next Big Thing or Just Another Meme Gone Wild?

BBG News

The TRUMP token has ignited a new round of debate, much like a political rally with questionable dance moves. Is it a wave of political fervor or just a classic meme coin hype? One thing’s for sure: TRUMP’s ability to avoid the typical coin crash has turned the heads of traders, skeptics, and die-hard fans alike. It’s like watching a reality TV star rise to power all over again—except with more tokens and fewer debates about policy.

On April 18, TRUMP released 40 million tokens into circulation—4% of the total supply and a little over 16% of what’s actively floating around. This “unlock” event was supposed to send the token plummeting into the abyss, but instead, the price shot up from $7.54 to $8.60 before settling in a comfortable $8.20–$8.30 range. How’s that for an unexpected plot twist?

TRUMP Token’s Gravity-Defying Rise

Token unlocks usually do what they’re supposed to: flood the market and depress the price. Not this time. The TRUMP token did a backflip out of the bearish expectation, landing firmly on the “WTF?” side of crypto analysis. “Everyone thought this was the beginning of the end,” said one analyst. “But the rally we saw just goes to show how chaotic and unpredictable this thing has become—especially with the Trump-loving army of holders behind it.”

At the time of writing, TRUMP was hovering at $8.37, up 3.59% in the last 24 hours. But let’s face it—crypto never sleeps, so that could change before you finish reading this.

Things got a little juicier with a $4.6 million withdrawal right before the token unlock. The funds were moved to Coinbase Prime, which set off alarm bells about possible insider trading. Despite the drama, though, the coin didn’t crash, and it seemed like the market was like, “Yeah, sure, whatever, we’re fine.” Weird, right?

The Power of Political Memes

TRUMP isn’t your run-of-the-mill cryptocurrency—it’s practically powered by the politics of memes. Many holders aren’t crypto experts—they’re just people who really like Donald Trump and decided to take a shot at the crypto game. And to be fair, their enthusiasm might be keeping the price afloat in a way that would make the most seasoned traders break into a sweat.

Launched in January 2025, right before Trump’s inauguration, the coin has dropped nearly 90% from its all-time high of $71. Yet, Saturday’s price surge was one of the coin’s best days in recent weeks, making the entire cryptocurrency market look kind of lazy in comparison.

Brace for More Token Unlocks—Can the Rally Hold?

The April 18 unlock was just the beginning. With insiders controlling 80% of the total supply, it’s like waiting for a really bad sequel to a movie you didn’t like in the first place. The next unlocks could bring a lot more drama, so buckle up. Meanwhile, transparency is in short supply, and the project team has been as quiet as a political debate during a commercial break since April 11. Some things never change.

At the moment, TRUMP is priced at $8.33, an 8.6% jump in the last 24 hours. Sure, it’s still 1.5% lower than last week and a whopping 90% off its January peak, but it’s clear that this coin isn’t just going to fade into the crypto abyss. Traders are already eyeing that $8.60 mark, while others are bracing for a potential rollercoaster ride. Classic crypto behavior, right?

Is TRUMP a Political Masterstroke or Just a Glorious Meme?

So, what’s the verdict? Some analysts think TRUMP is a political juggernaut in the making, while others suspect it’s just a meme coin riding the waves of hype. One thing’s for sure, though—it’s not like any other crypto. It’s powered by headlines and hashtags as much as it is by charts and numbers. So, if you’re holding onto TRUMP, buckle up, because this ride has a few more loops left in it.

Whether the rally continues or fades into a meme history book, one thing is certain: TRUMP is making crypto history, one unpredictable move at a time.

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2025-04-22 00:14

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