As the world observes Good Friday today — a time symbolizing sacrifice and reflection — the crypto market is witnessing its own kind of reckoning. Trump-themed meme coins are scheduled for a major token unlock this Thursday, but instead of a miraculous revival, these tokens are facing a grim reality: most are already down over 90% from their peak prices.
During the heated buildup to the 2024 U.S. presidential election, Trump-inspired tokens like TRUMP, MAGA, and TRUMP2024 captured the imagination of meme coin traders. Despite having no official ties to Donald Trump, these projects leveraged his polarizing persona to generate massive speculation and short-lived rallies.
At their height, these coins amassed millions in trading volume, fueled by hopes of political momentum and meme-fueled virality. Yet much like the fleeting nature of internet trends, their luster faded — and fast.
This Thursday — coinciding with the Holy Week — marks a critical moment for Trump meme coin holders: a major unlock event. Locked tokens, previously inaccessible to early investors and project insiders, will be released into the market.
Historically, unlocks can trigger steep price drops as early holders rush to liquidate their positions. With most Trump-themed tokens already deep in the red, analysts are warning of intensified selling pressure that could push prices even lower.
For many in the community, the timing feels ironic. While Good Friday symbolizes hope through sacrifice, the unlock event may end up delivering the final blow to Trump meme coins’ already diminished fortunes.
Several key factors explain the dramatic downfall:
While a few optimists believe the unlock could stabilize the market by flushing out weak hands, most experts predict further volatility. Without a strong narrative or fresh influx of buyers, a meaningful recovery looks unlikely in the near term.
Much like the Good Friday story where resurrection follows sacrifice, investors are hoping for a turnaround — but for now, the odds remain stacked against a rapid rebound.
The Trump meme coin saga serves as a stark reminder for crypto enthusiasts:
As we mark Good Friday, a day of solemn reflection, perhaps there’s a lesson here for the crypto community too — that even in markets driven by memes and mania, patience, discipline, and a focus on fundamentals are the true pathways to lasting gains.