TRUMP Leads $1.57B Token Unlock Wave; SOL, ARB Set to Unlock
TRUMP coin has recovered 13% to around $9.80 amid a Bitcoin-fueled altcoin rally, though it remains 87% below its all-time high. On-chain indicators—tightening Bollinger Bands and a bullish MACD—suggest reduced volatility but no confirmed uptrend. From July 14–21, the market braces for a $1.57B token unlock wave, led by TRUMP coin’s $865.8M cliff release of 90 million tokens (45% of supply) on July 18. Solana (SOL) follows with a $75.9M linear unlock of 465,770 SOL. Other major one-time unlocks include CONX ($145.8M), FTN ($90M), ZRO ($56M), ARB ($38.8M) and MEL ($5.3M), while 98 additional projects—such as WLD, TAO and DOGE—will unlock tokens daily. Tron DAO’s upcoming support for TRUMP and Coinbase’s previous listing highlight growing institutional interest. Traders should monitor TRUMP coin’s technical levels and the token unlock wave for potential price dips and rally opportunities.
Bearish
The impending $865.8M TRUMP token release, combined with a broader $1.57B token unlock wave, is poised to exert significant selling pressure, outweighing early bullish technical signals. While on-chain indicators point to reduced volatility and potential momentum, large-scale unlock events historically trigger price dips. Therefore, the short-term outlook for TRUMP coin is bearish, though long-term recovery may hinge on broader market conditions and institutional backing.