Trump's meme-based cryptocurrency asset unlocking event boosts his net worth by $93 million
In a highly anticipated event scheduled for mid-July 2025, 90 million TRUMP memecoins, worth over $900 million, will be unlocked, significantly impacting both Donald Trump’s wealth connected to the token and the wider crypto market dynamics.
The 90 million tokens represent a 45% increase in the TRUMP memecoin’s circulating supply, which directly translates to a substantial amount of value becoming liquid. While it is unclear whether Trump personally owns these unlocked tokens, the unlocking event is a major liquidity milestone associated with him.
The memecoin, launched ahead of Trump's second inauguration, symbolises his brand and political persona, and is tied to his influence. The unlock involves splitting tokens among creators and CIC Digital entities, likely connected with the project’s founders or Trump's affiliates, potentially boosting their holdings' liquidity or market value.
The token unlock is one of the most significant memecoin supply increases this year, increasing the circulating supply by 45%. This could put downward pressure on the token price if holders decide to sell, as the large influx of tokens (nearly $900 million worth) being unlocked can induce market volatility and may encourage short-term traders to exit or reposition their holdings.
The unlocking coincides with a politically charged "Crypto Week" in the US, where regulatory bills are being debated—the memecoin unlock may complicate or influence legislative discussions related to crypto. In the broader context, alongside unlocks from other tokens like FastToken (FTN) and Arbitrum (ARB), the TRUMP token unlock contributes to about $1.35 billion of new supply entering the markets during that period, amplifying short-term trading pressure and market sentiment shifts.
Donald Trump's personal share of the tokens, now counting as $93 million, adds to his $6.4 billion net worth. Crypto billionaire Justin Sun has announced plans to buy $100 million worth of Official Trump tokens, further connecting Trump to the crypto world. Sun referred to TRUMP as "the currency of MAGA" and promoted collaboration between ecosystems.
Trump had already made around $150 million from trading the coin before mid-June, as estimated by crypto-risk firm Gauntlet. Sun is now also an advisor to another Trump crypto company called World Liberty Financial.
The 800 million locked coins are held by two companies: CIC Digital LLC and Fight Fight Fight LLC, run by longtime Trump associate Bill Zanker. This week's unlock increases the total coins available to the public by 45%, allowing early investors and insiders to sell and trade their coins. Another 510 million tokens will be released slowly over the next two years following this week's unlock, and 200 million more will start unlocking in January.
Justin Sun attended the VIP event and received a Trump-branded luxury watch. Trump held a special event at his Virginia golf club for the coin's top 220 holders in May. The TRUMP memecoin was launched on January 17 with 200 million tokens, and each token is worth about $10.30. The dynamic exemplifies how political figures’ branded tokens can heavily influence both individual wealth accumulation strategies and market responses.
In light of the 45% expansion of the TRUMP memecoin's circulating supply with the unlocking of 90 million tokens, valued at over $900 million, the event signifies a significant shift in finance, particularly within the crypto market, due to the subsequent increase in liquidity. This liquidity milestone, associated with Donald Trump, may also have repercussions on broader regulatory discussions regarding crypto in the upcoming "Crypto Week" in the US.
With the unlocking event, early investors and insiders holding the TRUMP memecoin can now trade a substantial portion of their holdings, as the unlock represents a 45% increase in the coins available to the public. This development could potentially impact the market value of the tokens tied to Trump's brand and political persona.