Trump Coin is about to be unlocked: it will test market demand and increase Trumps wealth

By: odaily.com|2025/07/16 21:41:38
0
Share
copy

Odaily News A batch of Trump memecoins that will be unlocked this week will not only test the real demand of the cryptocurrency market, but also may add nearly $100 million to the billionaire presidents net worth. According to crypto research firm Messari, starting Thursday, entities associated with Trump will begin to obtain permission to sell 90 million of the tokens. At a price of about $10.30 per coin on Wednesday, the total value of the tokens unlocked this week is close to $930 million. The so-called unlocking means that early investors or insiders who were previously unable to sell due to internal regulations can now trade these tokens freely. At the time of the initial issuance on January 17, there were about 200 million Trump coins in circulation, and this unlocking will increase the circulating supply by 45%. According to analysis by crypto risk control modeling company Gauntlet, as of mid-June, Trump had made a profit of about $150 million from the sale and trading of the coin. (Jinshi)

You may also like

Morning News | Bitmine issues preferred shares to raise $300 million; Polymarket accuses Kalshi of industrial espionage

Overview of Important Market Events on June 4th

Morning Report | Coinbase Ventures makes its first investment in ENA; SpaceX plans to set the IPO price at $135 per share

Overview of Important Market Events on June 3rd

Full text and analysis of the speech by the CEO of SanDisk at the 42nd Annual Strategic Decision Conference of Bernstein

The core value of Goeckeler's speech lies in its provision of a highly transparent and logically clear narrative framework for corporate transformation.

Bitcoin Price Prediction 2030: Ark Invest Forecasts $710K

Explore Ark Invest and Standard Chartered bitcoin price prediction 2030 forecasts, plus key risks and how to position your portfolio. Full analysis on WEEX.

WEEX Review 2026: Fees, Security and Trading Features

Read our in-depth WEEX review covering fees, security, copy trading, and 400x leverage. See how it compares to Binance and Bybit. Full analysis on WEEX.

SOL Price Today: Live Solana Price, Charts & Market Data

Find the SOL price today with real-time data, plus key drivers behind Solana's movement and actionable trading tips. Read the full analysis on WEEX.
Unlock your new user rewards
Sign up now and complete tasks to get 10,000+ USDT
Unlock your new user rewardsSign up and get 10 USDT

Popular coins

Latest Crypto News

14:43

The three major A-share indices widened their losses in the closing hours, with the Shenzhen Component Index falling over 2%

According to Jinshi News, the three major A-share indices expanded their declines in the late trading session, with the Shenzhen Component Index falling over 2%, the ChiNext Index dropping nearly 3%, and the Shanghai Composite Index currently down by 0.64%.
14:43

Data: Matrixport associates with whales holding 120,000 ETH long positions, which have incurred a floating loss of over 69 million dollars

According to Onchain Lens monitoring, as the ETH price fell below $1,700, a Matrixport-associated whale holding 120,000 ETH (15 to 20 times) is currently facing an unrealized loss of over $69,000,000 and has paid a funding rate of $1,860,000.
14:43

Data: In the past 24 hours, the total liquidation across the network reached 792 million USD, with over 180,000 people liquidated

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $792 million, with long positions liquidated at $611 million and short positions liquidated at $181 million.In the last 24 hours, a total of 185,102 people were liquidated globally, with the largest singl...
14:43

Data: The total net inflow of the Ethereum spot ETF yesterday was $19.3019 million, marking the first net inflow after 17 days of net outflows

According to SoSoValue data, on June 4th Eastern Time, the total net inflow of Ethereum spot ETFs was $19.3019 million. The Ethereum spot ETF with the highest single-day net inflow yesterday was the Blackrock ETF ETHA, with a single-day net inflow of $19.3019 million. Currently, the historical total...
14:43

Data: The total net inflow of Bitcoin spot ETF yesterday was $3.0468 million, marking the first net inflow after 13 days of net outflows

According to SoSoValue data, yesterday (Eastern Time June 4), the total net inflow of Bitcoin spot ETFs was $3.0468 million.The Bitcoin spot ETF with the highest single-day net inflow yesterday was Blackrock ETF IBIT, with a single-day net inflow of $47.6599 million. Currently, the historical total ...
Read more
Community
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com