Will Donald Trump Bullpost His Memecoin Ahead of $336M Unlock?

Public opinion on the ‘Crypto President’ has certainly been divided in recent weeks, with Donald Trump’s erratic trade wars sowing fear and calamity throughout global markets.

But while President Trump talks tariffs with rival economies, Solana’s trenches are anxiously awaiting a looming deadline of their own.

With over $336M worth of $TRUMP scheduled to be released into circulation, what do the President’s next moves signal about his commitment to the industry?

40M $TRUMP Tokens to Hit Open Markets

On April 18, 40M $TRUMP tokens, representing 20% of the circulating supply, and valued at over $336M, will be released into the open market. Following the initial unlock, ~493k tokens, valued at roughly $4.15M, will be vested to $TRUMP “Creators and CIC Digital” groups on a daily basis for two years.

With pre-market investors likely in significant profit and potentially fearful of wider macro conditions, the $TRUMP unlocks loom large over markets. Ravenous traders across the industry are predicting heavy selling pressure, calling the event a ‘free short’.

However, token unlocks have a funny habit of flipping expectations. While $336M worth of $TRUMP is expected to hit markets on April 18, the $TRUMP token regularly witnesses over $450M in daily trading volume, meaning the asset could be well-positioned to absorb an inflating token supply.

Meanwhile, the abundance of short positions taken on $TRUMP could induce volatile price action. Any announcement providing new utility to the $TRUMP memecoin could theoretically cause a short-term price pump, squeezing shorts and causing cascading liquidations to the upside.

How Has the President Supported His Memecoin So Far?

Unfortunately for $TRUMP bulls, the ‘Crypto President’ has neglected his controversial memecoin since its historic launch in January. After creating the biggest onchain liquidity and onboarding event in history, Trump has offered his memecoin little to no support.

Despite the supposed abandonment of his memecoin, Trump has introduced a wealth of crypto-forward policies, including the formation of a Strategic Digital Asset Stockpile and the dismissal of several high-profile lawsuits against crypto companies, like Binance and Coinbase.

What are the Implications?

Whether he’s aware of it or not, President Trump’s behavior and positioning during the $336M token unlock could have a significant influence on his reputation within Solana’s trenches.

If the ‘Crypto President’ continues to ignore $TRUMP, which is currently down over 88% from all-time highs, holders could lose all remaining faith in the asset. The upcoming unlocks will simply compound $TRUMP’s relentless sell pressure, leaving investors holding the bag as pre-market investors make off with millions.

However, President Trump bullposting the memecoin just as millions of tokens enter the supply could suggest something more sinister is at play. Trump’s ‘timely’ engagement with the memecoin market might imply that his crypto advisors are encouraging him to behave in ways that manipulate markets. Beyond causing a short-term price pump, this would also allow pre-market investors to liquidate their vested tokens at a better price.

Whether he supports $TRUMP, or ignores it, the President’s hands are tied. With Trump’s attention firmly fixed on rising tensions and negotiations in the ongoing trade war, it seems unlikely that the President will find time to renew faith and confidence in his memecoin experiment.

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