Trump-Linked Entities Pocket $93M from TRUMP Memecoin Token Unlock
A $938 million token unlock for the OFFICIAL TRUMP (TRUMP) memecoin has granted Trump-affiliated entities access to nearly $93 million in digital assets. Despite the massive liquidity injection, the market reaction remained subdued, with the token price stabilizing around $10.11 after a brief spike to $10.24.
Technical indicators show muted momentum—the RSI lingers NEAR 61, signaling moderate strength, while the MACD hints at a tepid bullish divergence. The lackluster price action suggests waning speculative interest, even as holders see paper gains accumulate.
Notably, foreign investors and crypto figures like Justin Sun continue to prop up the memecoin, preventing a sell-off. The token’s resilience underscores how celebrity-backed assets can defy typical market logic, turning political branding into a financial instrument.