TRU Token falls 85%: Trump recognizes it as a political sentiment indicator, $500 million will be unlocked in July.

CryptoWorldInsider2025 · 2025-06-07T19:22:38+00:00

Trump endorsed his token TRUMP as a political sentiment indicator on social media, currently priced at about $10, down 85% from its peak. The circulation rate of the token is only 26.48%, and the 50 million unlocked may put pressure on the market. Analysts believe that the short-term fluctuation of Memecoin is related to speculation, while the long-term trend reflects the public's expectations of Trump.

CryptoWorldInsider2025

2025-06-07 19:22:38

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U.S. President Donald Trump recently retweeted an article on the social media platform Truth Social, endorsing his view of the official Memecoin (TRUMP) as a measure of public political sentiment. The current price of the token is around $10, down 85% from its all-time high of $73 set in January, the data showed. On-chain data shows that only 26.48% of TRUMP tokens are currently in circulation, and the remaining 735 million (73.52%) have not yet been unlocked. At current prices, the 50 million tokens that will be unlocked on July 18 are worth about $520 million, which could put further pressure on the market price. On June 7, Trump’s son, Eric Trump, announced that his crypto firm planned to acquire “a large amount” of the token, but the market reaction was muted. Industry sources pointed out that the short-term price volatility of Memecoin is driven by speculation, but the long-term trend may reflect the public’s expectations of Trump’s political prospects.

TRUMP-4,61%

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