TRUMP tokens face multiple pressures, with supply unlocks and market sentiment resonating to increase downward risks.

The most direct threat comes from the supply side. 8 million tokens (accounting for 80% of the total supply) will be gradually unlocked over the next 3 years, which is equivalent to a huge "sword hanging overhead"—each unlock cycle will add new liquidity to the market, diluting the rights of existing holders. Compared to the unlock progress of similar projects, this pace is relatively aggressive, meaning long-term holders need to endure ongoing selling pressure.

Supply-side pressure is not the only factor. External political fluctuations also cannot be ignored. As a token with obvious political connotations, its price is often more closely linked to related events than traditional crypto assets. This high sensitivity can create rapid upward opportunities but also easily trigger sudden corrections. The combined forces—technical dilution pressure on one side and emotional volatility risk on the other—are exerting a dual-sided suppression on the price.

For participants, understanding the sources of risk from these two dimensions is crucial. When the unlock cycles coincide with external events, market volatility often intensifies.