Trump's memecoin enjoys surprise 10% surge after sales lock up is lifted

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Trump's memecoin enjoys surprise 10% surge after sales lock up is lifted

^{Published on 2025-04-21 19:21:21 - Fortune}

Trump's official memecoin has lost 90% of its value since Jan. 19.

The article from Fortune discusses the significant impact of the upcoming unlock of $4.5 billion worth of Trump-themed memecoins, such as MAGA (TRUMP) and TREMP, scheduled for April 21, 2025. These tokens, which surged in value following Donald Trump's conviction in a hush money trial, are set to flood the market, potentially causing a sharp decline in their prices due to the increased supply. The unlock event is likened to previous memecoin unlocks that led to dramatic price drops, with experts warning investors about the high risk of holding these assets post-unlock. The article also touches on the broader implications for the memecoin market, suggesting that while some investors might see short-term gains, the long-term outlook remains uncertain and volatile.

Read the Full Fortune Article at:
[ https://fortune.com/crypto/2025/04/21/trump-memecoin-unlock/ ]

N@N

Trump's memecoin enjoys surprise 10% surge after sales lock up is lifted