$TRUMP token is making headlines again after a recent $320 million unlock event led to a surprising 9% increase in 24 hours.
Rise of $TRUMP Token Post-Unlock
In the past 24 hours, $TRUMP token has increased by over 9% following a $320 million token unlock event. Typically, such events lead to downward pressure on prices due to increased supply; however, $TRUMP has managed to defy expectations for the time being.
Long Way to Recovery
Despite the recent surge, $TRUMP token is still trading more than 88% below its all-time high of over $71. This significant gap highlights how far the token has dropped since its peak, which likely occurred during peak political activity or a broader meme coin frenzy.
Future of $TRUMP Token
While the token's branding relates to political sentiment, its price movements resemble many speculative assets — sharp spikes, deep corrections, and high volatility. If the broader market remains bullish and attention stays on politically-themed tokens, $TRUMP may see further upside. However, given its history of extreme volatility and a steep drop from its peak, traders should proceed with caution.
The recent rise of $TRUMP token following the $320 million unlock gives reason for short-term optimism, but long-term prospects remain uncertain.
