Everyone expected the Trump meme coin to dump hard this weekend amid a major sell-off from a token unlock, yet it defied gravity – here’s why.

The official TRUMP meme coin is again defying expectations, not for the first time. TRUMP rose 8% this weekend following a major token unlock that should have triggered a heavy sell-off.

Instead, the Solana-based meme asset rallied from around $7.54 to $8.30, outpacing much of the meme coin market and flipping bearish sentiment, at least temporarily, on its head.

This comes amid minor bullish stimulus from rumors circulating of a $TRUMP whale dinner and from the broader backing of the MAGA community, ever defiant against the world’s expectations.

Why Did Crypto Traders Expect TRUMP Meme Coin Price to Plummet This Weekend?

That performance is particularly striking given the numbers behind the unlock. On April 19, 40 million TRUMP tokens were released, a whopping 20% increase in circulating supply and 4% of the total 1 billion token supply.

According to the project’s website, these tokens were allocated to the coin’s creators and CIC Digital LLC. Historically, this type of unlock leads to profit-taking, sell pressure, and price weakness. Yet the market shrugged.

The move comes as the broader meme coin sector posted a 2% gain over the weekend, while large caps like Dogecoin and Shiba Inu fell flat. By contrast, Pepe ticked up slightly, and Official Trump led the field.

Even MELANIA, a memecoin sharing branding with the First Lady, was barely in the green.

DISCOVER: Top Solana Meme Coins to Buy in April 2025

TRUMP Meme Coin Blasts Back at Critics: Has TRUMP Price Just Flipped Bullish?

So, what’s behind the counterintuitive move?

TRUMP’s unique position in the cultural landscape is partly the answer. Unlike most meme coins, TRUMP isn’t just playing the usual Twitter-fueled speculation game. It’s intertwined with political fandom, iconography, and a base of buyers who may be less sensitive to tokenomics and more driven by tribal loyalty.

When Trump promoted the coin before his return to office in January, it sparked a frenzy that pushed prices to an all-time high of $71.

Although that level proved unsustainable, with TRUMP now trading over 85% below those highs, it remains one of the few meme coins with a real-world brand attached… However, polarizing that brand may be.

It also helps that many market participants expected a sell-off. With sentiment already depressed and the unlock widely anticipated, sellers may have exhausted their ammo early. In that context, the absence of further downside is a catalyst.

It is worth probing whether this weekend’s rally marks the beginning of a trend reversal or just a temporary reaction to priced-in news. Let’s now turn to the TRUMP daily chart to assess what comes next.

DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now

TRUMP Price Analysis: Is TRUMP Meme Coin Finally Forming a Bottom on the Daily?

While the TRUMP meme coin price action has been pretty tumultuous since launch overall, analysts are spotlighting a resilient bottom forming in the daily chart.

Yet, as TRUMP re-tests key local resistance, TRUMP meme coin is currently trading at a market price of $8.16 (representing a 24-hour change of -2%).

(TRUMPUSDT)

This follows a strong candle Yesterday, which saw the TRUMP price blast +11% in defiance of over-leveraged short traders.

Now re-testing the $8.20 price level, the TRUMP meme coin has consolidated a strong technical foundation in an emergent double-bottomed support pattern.

This coincides with a seriously cooled-off RSI indicator, which is reading at 41, combining to produce a strong bull signal for the TRUMP meme coin entering the week ahead.

In the short term, likely upside targets are between $9.50 and $11, representing a +20-30% move from current levels if upside bull pressure breaks local resistance.

Better Solana Meme Coin Play? Smart Money Whales Are Bidding New Solana Layer-2 SOLX – Over $30M Raised

With Solana regaining momentum, smart money whales are already hunting for the next real utility play on Solana, and it’s not another reckless meme coin gamble.

Enter Solaxy (SOLX), a presale juggernaut that’s already pulled in over $30.8 million, and for good reason.

Solaxy isn’t just another layer riding the hype. It’s a true Layer-2 scaling solution for Solana, designed to streamline congestion, accelerate transaction speeds, and unlock seamless performance for everything from DeFi to gaming.

It’s real infrastructure, and that’s rare in presale land – so whales are taking note.

By batching off-chain transactions and committing only the final result to the mainnet, Solaxy boosts efficiency without sacrificing security. That means smoother NFT mints, faster trades, and a more scalable Solana ecosystem.

Builders are taking notice, too. Solaxy’s recently released dev toolkit is making it easier than ever to launch dApps that actually work for an ultra-low cost on Solana.

The project’s momentum is only growing. The Solaxy Block Explorer is now live, giving users full transparency. Early tests have already shown a throughput of up to 140KB/sec on mainnet, with an ambitious roadmap targeting 10,000 TPS.

The team isn’t just shipping code—they’re delivering results. UX upgrades, SDK enhancements, and CLI improvements lay the foundation for a powerhouse protocol.

The SOLX presale is still open, but the clock is ticking. The presale price is currently $0.001698, and each stage sees an increase. SOL, ETH, BNB, USDT, and even cards via Best Wallet are accepted. Over 8.6 billion tokens are staked already, with rewards offering a 132% APY over three years.

If you’re looking for a presale backed by real tech, real usage, and serious upside, Solaxy could be the best call you make

For the latest updates on the project, connect with the SOLX community on X and Telegram 

Join the Solana revolution with SOLX here.

DISCOVER: Best Meme Coin ICOs to Invest in April 2025

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Alex Ioannou
Alex Ioannou
On-Chain Journalist

Chasing dreams under the Cypriot sun, Alex is an up-and-coming writer focusing on the more degen side of the crypto market. Always on the lookout for the next hot narrative, meme coin pump, or meta trend. Alex has been actively... Read More

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