The Trump meme coin (TRUMP) project is planning to deploy up to 9.6% of its total supply, which translates to roughly 96 million tokens, valued at approximately $150 million. This action comes at a time when TRUMP is trading around 98% lower than its peak price of $73.43 recorded in January 2025. With the current trading price hovering around $1.57, the coin has faced significant losses, dropping 83% over the past year and 22% within the last month.
According to the project's latest updates, approximately 67% of the maximum supply of 1 billion tokens has been unlocked, as revealed in its public daily schedule. Since February, about 5% of the previously unlocked tokens have been sold or otherwise used. The ongoing liquidity planning indicates that 40% of the currently circulating supply of 237 million tokens will soon be available for potential deployment, raising questions about the impact on the market.
Ownership and Market Dynamics
The distribution of ownership adds another layer of complexity to the situation. CIC Digital LLC, an affiliate of the Trump Organization, along with Fight Fight Fight LLC, owns a substantial 80% of the total supply, which is subject to a three-year unlock period. With 670 million tokens unlocked but only 237 million in active circulation, a considerable portion of the supply remains off the market. Future plans involve using these tokens for partnerships, acquisitions, and other initiatives within the Trump Coin Club and a mobile game.
Despite efforts to enhance liquidity through various programs, such as a recent Kamino campaign that increased the TRUMP-SOL pool from $2,000 to a peak of $1.66 million, critics argue that these measures are insufficient. The liquidity created through these efforts represents less than 1% of the potential $150 million in future token sales. The project has also allocated $1 million for entrepreneur grants and another $1 million for a mobile game waitlist, but concerns about the overall market health remain.
Market Sentiment and Criticism
Holders of TRUMP are understandably anxious, especially given that data from Nansen indicates nearly 1 million buyers are collectively sitting on losses of $3.81 billion since the token's inception. The market currently offers little support, with the token recently hitting an all-time low of $1.50 on June 6, further dampening investor confidence.
Critics of the Trump meme coin, including notable figures like Peter Schiff, have voiced concerns regarding its viability, with some legislators calling for a ban on meme coins amid fears of market manipulation following the coin's substantial reported windfall of $636 million.
This article is for informational purposes only and does not constitute financial advice.
