A portrait of US President Donald Trump, created by Ukranian artists Daria Marchenko and Daniel Green, literally made of coins

A portrait of President Donald Trump, created by Ukranian artists Daria Marchenko and Daniel Green, literally made of coins (Don Emmert/Getty Images)

40 million $TRUMP tokens are about to flood the market

The coins are worth about $320 million at current prices.

Sage D. Young

4/15/25 1:22PM

Forty million trump tokens worth about $320 million at current prices are set to flood the market on Thursday, according to vesting analytics platform Tokenomist.

The upcoming unlock, allocated to Trump Organization affiliate CIC Digital LLC, makes up 20% of the current circulating supply and more than 75% of the meme coin’s total 24-hour trading volume, data pulled from CoinGecko shows.

Akin to the vesting schedules of a traditional firm’s shares, token unlocks permit the gradual release of cryptocurrencies and aim to restrict founding team members or investors from immediately selling en masse during the early stages of a token’s life cycle.

Token unlocks are typically a bearish signal, corresponding to a price decline given the increase in the cryptocurrency’s supply.

$TRUMP is trading at $7.93 as of 12:45 p.m. ET, an 84% drawdown in the past three months. The event is the meme coin’s first major unlocking since it first rolled out in January, three days before President Trump’s inauguration, as industry crypto leaders were in attendance at the Crypto Ball in Washington, DC.

The meme coin boasts a market capitalization of nearly $1.6 billion, making it the fourth-largest meme coin behind dogecoin, shiba inu, and Pepe. These four meme coins collectively form roughly 72% of the entire meme coin market cap, which sits at $49.2 billion.

On-chain data shows a decrease in $TRUMP holders

On the eve of Trump’s inauguration, $TRUMP had nearly 820,000 on-chain holders, but as of Tuesday, the number has dropped 22% to 635,565 holders. Crypto exchanges Binance, OKX, and Bybit are among the top 10 in terms of $TRUMP holdings, per a Dune analytics dashboard.

The vast majority of addresses holding $TRUMP have accumulated the memecoin over the past 60 to 90 days, with only a small percentage of wallets scooping up the cryptocurrency in the last 30 days, per blockchain analytics firm Nansen.

On the first day of its launch, 200 million $TRUMP tokens were available, and by January 2028, the token’s circulating supply will reach 1 billion as a result of staggered unlocks.

$TRUMP Distribution — (Source: gettrumpmemes.com)

$TRUMP is one of several cryptocurrencies undergoing token unlocks this week. Tokenomist data shows the entire crypto market is facing a weekly total unlock value exceeding $1 billion.

Sage D. Young is a crypto journalist who’s written for CoinDesk and Unchained.

Sage D. Young18h

Crypto market snaps back as sentiment lifts, with altcoins from ethereum to XRP soaring

The market capitalization of the crypto industry has jumped around $83.2 billion in the last 24 hours, with privacy-focused token Zcash and worldcoin, the native cryptocurrency of the network backed by OpenAI CEO Sam Altman, leading market gains, jumping over 22%.

But the last 24 hours have been good across the board:

Ethereum has increased more than 9% to trade above $1,800, amid BitMine Immersion Technologies acquiring $139.2 million worth of ethereum.
XRP and solana have rebounded from multiyear lows, each rising roughly 10%.
HYPE has bounced up 12%.
Dog-based memecoins dogecoin and shiba inu have chased gains of more than 4%.

“Investors have been eager to see some positive signs around the Iranian conflict ending, coupled with hopeful outlooks around the CLARITY act, both breathing some life into assets,” Kairos Research cofounder Ian Unsworth told Sherwood News.

Simon Shockey, a crypto strategist at crypto wallet infrastructure firm Privy, said the upswing stems from several things converging. He pointed to how alt markets broadly were “very oversold” following the bug found in Zcash that shook confidence.

Friday, Zcash founder Zooko Wilcox said Anthropic didn’t find any more serious bugs with the Zcash protocol after Shielded Labs requested the AI firm run a security audit of the network with Mythos.

Shockey added that the pool of willing sellers has dwindled. “Even if structurally, AI is a much more compelling and asymmetric bet in the eyes of allocators, many of these crypto assets have simply run out of marginal sellers despite some shorter-term narrative-driven pumps. The only people left to sell at this point are the teams themselves and VCs.”

“Net-net: oversold conditions plus exhausted seller bases plus a macro backdrop that’s stabilized equals a snapback, especially in names that have real usage or community conviction behind them,” Shockey told Sherwood.

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$389M

Sage D. Young6/11/26

US Attorney David Metcalf announced Thursday the arrests of Ruslan Igorevich Tkachuk and Alexander Vladimirovich Ledenev, alleged senior members of AudiA6, a cryptocurrency money-laundering service believed to be responsible for laundering over $389 million.

The arrests coincided with a coordinated international takedown of AudiA6 and its infrastructure, involving the search of three properties, the seizure of servers and domains connected to the organization, as well as freezing cryptocurrency assets, according to a Department of Justice press release.

Tkachuk and Ledenev were “charged by criminal complaint with one count of conspiracy to launder monetary instruments and one count of sting money laundering,” the DOJ said. If convicted, they face a maximum possible sentence of 20 years of incarceration.

Per the criminal complaint, AudiA6 offered services to conceal the origin of cryptocurrency linked to criminal activity, charging fees of up to 5% of the amount laundered.

The two defendants are in custody of Republic of Georgia authorities, and the US Attorney’s Office aims to seek their extradition to the Eastern District of Pennsylvania.

40 million $TRUMP tokens are about to flood the market

On-chain data shows a decrease in $TRUMP holders

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