Solana-Based TRUMP Memecoin Braces for Volatility as $320M Token Unlock Looms
The Solana-based TRUMP memecoin, inspired by former U.S. President Donald Trump, is facing significant market pressure ahead of a major token unlock event scheduled for April 18, 2025. With 40 million tokens (worth over $320 million) set to be released to the project team, the event marks the first major unlock for the memecoin and is expected to increase its circulating supply by approximately 20%. Following this initial unlock, daily releases of 493,000 TRUMP (around $4 million) will continue until the next major unlock in July. Investors and traders are closely monitoring the situation, as such unlocks often lead to increased selling pressure and potential price volatility. The TRUMP memecoin, which operates on the Solana blockchain, has gained attention due to its political theme and association with the controversial former president. However, the upcoming token releases raise questions about the project’s long-term sustainability and the team’s commitment to maintaining token value. As the unlock date approaches, market participants are advised to exercise caution and conduct thorough research before making investment decisions.
TRUMP Memecoin Faces Pressure Ahead of $320M Token Unlock
Donald Trump’s Solana-based memecoin, TRUMP, is under pressure as a significant token unlock approaches. On Apr. 18, the project will release 40 million tokens, worth over $320 million, to its team. This is TRUMP’s first major unlock and will increase the current circulating supply by roughly 20%. Following this event, 493,000 TRUMP, around $4 million, will be unlocked daily until the next major unlock in July. The upcoming unlocks have raised concerns about potential price impact due to increased token supply. As of press time, TRUMP is trading at $8.27, down more than 5% over the past day and 88% below its all-time high of $73.43 set on January 19.
In-Depth Analysis of the Wayfinder Project & $PROMPT Market Valuation
Wayfinder is a fully on-chain protocol developed by Parallel, initially for its game Parallel Colony, but has evolved into a general-purpose proxy system for multi-chain ecosystems. Users can perform cross-chain transactions, mint NFTs, manage resources, and more across blockchains like Ethereum, Solana, and Base without complex operations or reliance on centralized intermediaries. The CORE of Wayfinder is the concept of “Wayfinding Paths,” a community-built task flow map that improves system coverage and intelligence as more paths are added.
Experts Ultra Bullish On Solana (SOL)
Solana has been one of the most preferred blockchains, with its high reputation for low-cost, high-speed transactions. The network was recently reported to have witnessed a surge, with trading volume rising by over 20% last week. There is technical support at the $125 level, with resistance solely at $132. Bullish solana price prediction targets state that Solana can increase further in value.
Janover’s Solana Bet Sends Stock Soaring After Kraken Team Takeover
Janover Inc. (Nasdaq: JNVR), previously focused on commercial real estate, has shifted dramatically into the cryptocurrency world. An all-former-Kraken team acquired a controlling stake in Janover, appointing Joseph Onorati as the new chairman and CEO. Parker White took on roles as chief investment officer and chief operating officer. Marco Santori also joined the board. The new treasury strategy centers on Solana (SOL).