Trump meme coin faces supply concerns and price collapse
The official TRUMP meme coin, launched ahead of former President Donald Trump's second inauguration, has seen its price tumble to around $1.57, an 83% drop over the past year and a 98% decline from its peak near $75. The project plans to deploy up to 96 million tokens—about 40% of the circulating supply—raising worries that the added inventory could further suppress the price. Approximately 670 million tokens are unlocked, but only 237 million circulate, with insiders CIC Digital LLC and Fight Fight Fight LLC controlling about 80% of the supply under a three‑year vesting schedule.
Investors have accumulated roughly $3.8 billion in unrealized losses, according to blockchain analytics firm Nansen. Liquidity remains limited despite recent additions to Solana‑based pools, and the token’s daily trading volume averages $55 million. The team has pledged $1 million each for entrepreneur grants and a mobile‑game waitlist, but analysts warn that without sufficient demand, price recovery will be difficult. The decline reflects broader market fatigue with political meme coins and heightened regulatory scrutiny.
The situation has prompted some investors to look toward newer AI‑focused crypto presales, such as the MemeToro platform on BNB Smart Chain, which aims to combine meme culture with longer‑term utility.