news 
Title: Trump Coin News Today: TRUMP Token Price Crashes 90% as $300M Unlock Stokes Fears of Sell-Off
As the Crypto President, Donald Trump’s token, TRUMP, has been under intense scrutiny due to its close ties to his own ventures and political influence. Critics argue that this dual role creates a clear conflict of interest, where his policies could directly benefit his crypto investments.
However, it appears that $TRUMP’s market performance is far from being insulated from such criticism. The token has crashed an astonishing 90% as the $300 million unlock event raises concerns about impending sell-offs.
According to data, the unlocking schedule will continue in the months ahead, with over 800 million tokens set to be released in stages through 2027. As the current sentiment remains unfavorable, it is uncertain whether a recovery can occur without significant changes in market conditions or investor perception.
The cryptocurrency community is also grappling with the fact that nearly 94% of $TRUMP tokens are held by just 40 wallets. This concentration of ownership raises concerns about sudden dumps by large holders, making retail investors particularly vulnerable to market volatility.
As the situation unfolds, many crypto enthusiasts are questioning whether Trump’s involvement in the blockchain space can continue without raising red flags around his dual role as President and investor.
It seems that $TRUMP has hit rock bottom after 13 days of sideways action. If we are looking for a rebound here, it would require an immense shift in sentiment and sustained buying pressure – neither of which is currently in sight.
Crypto analyst HENRI.SOL shed light on the situation by commenting: “Trump is shilling $TRUMP coin on Truth Social… Looks like exit liquidity before the unlock.”
It appears that Trump’s influence may not be able to save his own token from a tumultuous future.
Source: https://bravenewcoin.com/insights/trump-coin-news-today-trump-token-price-crashes-90-as-300m-unlock-stokes-fears-of-sell-off
