The TRUMP meme coin recorded a short-lived price jump following Donald Trump’s latest post on Truth Social, where he referred to the token as “the greatest of them all.” The price spiked from $10.93 to $12.25 before settling at $11.91, marking a 12 percent rise.
Despite the endorsement from the president, the market response was relatively subdued compared to earlier crypto rallies. In previous cycles, Trump’s backing of digital assets triggered much stronger price movements.
Since its launch in January, TRUMP has faced sharp fluctuations in price and investor confidence. After briefly touching a $1 billion market cap, the token plunged by over 75 percent in value in weeks.
Political scrutiny intensifies with a new legislative proposal, the MEME Act, targeting such tokens. Representative Sam Liccardo is leading the bill to ban federal officials and their families from profiting off meme-based cryptocurrencies.
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Lawmakers argue that public figures promoting digital assets may blur ethical lines and mislead retail investors. The bill follows recent controversies involving politically linked meme tokens and the growing fear of market manipulation.
Massive Token Unlock in 2025 Raises Dump Concerns
Analyst Orlando has revealed that $1.5 billion worth of TRUMP tokens will unlock in April 2025. The upcoming release could create heavy selling pressure, especially if early investors choose to exit their positions.
The expert opinion of Orlando suggests that the recent endorsement by Trump might function as an intentional method to increase the demand for coins until they are completely unlocked.
Brett Johnson stated that investors have supposedly lost more than $12 billion from the decline in the value of the tokens.
Under SEC guidance, TRUMP and other meme coins do not qualify as securities. These coins operate beyond the regulatory powers granted to the commission, which creates market safety risks and unmanageable market conditions.
The limited market response caught the attention of crypto analyst Ash Crypto since Donald Trump declared his support according to his assessment. Similar approvals during the 2021 bull market pushed meme tokens to boost their prices by hundreds of percent.
According to Ash, the weak pump reflects the current caution among crypto investors. He believes that meme coins may continue to struggle for momentum without a strong market catalyst.
Conclusion
The TRUMP token remains one of the most politically charged assets in the meme coin space. The coin’s future remains uncertain with political backlash, a major unlock on the horizon, and limited investor response.
Also Read: Big News For XRP: Price May Skyrocket Soon, Here’s Why
