You can also read this news on COINTURK NEWS: Trump Coin Shakes Up the Crypto Market with New Developments

The volatility of Bitcoin continues, with Trump’s official meme coin capturing interest in altcoins. This situation has led to losses nearing 10% across various altcoins. At the time of writing, SOL Coin reached $288, currently striving to surpass its all-time high. What are the key unlocks for Trump Coin? Here’s what investors need to know.

The Emergence of Trump Coin

Donald Trump entered the recent elections as a crypto-friendly candidate, making several promises. Among these were the establishment of a Bitcoin reserve and alleviation of regulatory pressure on cryptocurrencies. While discussions continue on whether Trump will abandon these ideals, he has opted to issue his own meme coin, mocking Gensler in the process.

This indicates that we might see further price increases in the broader cryptocurrency market over the medium to long term. The official website of Trump Coin states:

“On July 13, 2024, President Trump faced death and returned fighting! With his fist raised and iconic battle cry FIGHT FIGHT FIGHT, President Trump showed the world what a LEADER should be. His strength and courage ignited a movement that became one of the most unforgettable memes of the century.”

“Now you can take a piece of history. This Trump Meme celebrates a leader who never backs down, no matter the circumstances. Join the Trump Community – we all fight for what matters.”

Key Unlocks for Trump Coin

On its launch day, Trump Coin began with a token supply of 200 million. This circulating supply is expected to reach 1 billion within 36 months, marking a fivefold increase. While the market cap (FDV) may reach tens of billions and surpass Dogecoin (DOGE), the price might decline if demand does not keep pace with the increased supply. This suggests that the current $60 price could drop below $20 with existing demand.

As shown above, there are no lock releases for the first two months. However, regular unlocks will occur in the following months, with the supply nearing 500 million by January 2026, reaching 900 million by January 2027, and hitting 1 billion by January 2028.

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