TRUMP Price Alert April 20: Breakout Targets $31 on Charts, But Faces Major Unlock Event

• TRUMP token surged 9.3% in 24 hours with a 49.2% jump in trading volume.
• A 40 million token unlock—worth $332M—is set to hit the market, raising volatility risks.
• Technical breakout from a descending triangle points to a possible rally toward $31.

The TRUMP meme coin is back in the spotlight after a surprising 9.3% pump in the past 24 hours, coinciding with a 49.20% surge in trading volume. 

As of press time, TRUMP is trading at $8.32, slightly retracing from its daily high of $8.52. This price uptick precedes a major token unlock scheduled for Friday, an event expected to impact market dynamics.

$300M $TRUMP will unlock today

40M tokens will enter circulation as 3-month cliff ends.

After that, $4M TRUMP will unlock daily. pic.twitter.com/QvhLPnNJNb

— Alek (@Alek_Carter) April 18, 2025

Massive Token Unlock Imminent

According to Tokenomist, about 40 million TRUMP tokens are scheduled for release Friday. That puts roughly $332.8 million worth of tokens into the available supply. 

This represents 4% of the total 1 billion token supply, but a more substantial 20% of the current circulating supply, which sits at around 200 million tokens.

While…

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