TRUMP Coin Faces $10 Support Test Ahead of $496.9 Million Token Unlock

TRUMP coin braces for a pivotal moment as $496.9 million worth of tokens—nearly 50% of its circulating supply—unlocks on July 18. The event threatens to exacerbate the token's 75% decline from its $40 peak, with prices now hovering NEAR the critical $10 support level.

Justin Sun's $100 million accumulation signals institutional interest, but market mechanics suggest turbulence. Historical patterns show such unlocks typically trigger short-term sell pressure, particularly with monthly $210 million unlocks scheduled thereafter.

The unlock coincides with heightened political attention, creating a volatility cocktail. While some traders bet on narrative-driven momentum, order book liquidity suggests the $10 level may become a battleground between forced sellers and value hunters.