Trump Memecoin to Unlock $334 Million April 17–18, Devs Withdraw $4.6M USDC to Coinbase Prime

14 posts • GPT (4.1)

Updated Apr 16, 2025, 01:47 PM

The official wallet associated with the Trump memecoin is set to unlock 40 million $TRUMP tokens, representing 20% of its circulating supply and valued at approximately $334 million to $336 million, on April 17 or 18. This marks the first token unlock since the memecoin's launch in January 2025. Ahead of the unlock, the development team withdrew $4.6 million in USDC from the liquidity pool on the Solana-based Meteora decentralized exchange. This was the first time liquidity was withdrawn from the pool. The funds were then bridged to the Ethereum blockchain and deposited into Coinbase Prime, according to on-chain records. The Trump memecoin, which reached an all-time high market value of $15 billion shortly after launch, has since declined by 89% and now has a market capitalization of $1.6 billion. The liquidity pool still holds approximately $206 million in USDC and $122 million in TRUMP tokens. The memecoin's reserve tokens are held by CIC Digital LLC, a company wholly owned by Donald Trump, and are subject to a release schedule over two years. The first tranche of token unlocks begins on April 17 or 18, with further scheduled unlocks totaling over $200 million in the next six events. Entities connected to the reserve tokens include Fight Fight Fight LLC and Celebration Cards LLC, registered by Andrew Pierce, with Bill Zanker listed as a primary contact. Additionally, the team behind the Melania memecoin has recently transferred funds to exchanges, indicating cashouts.

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#Trump #USDC #Solana #Meteora #Ethereum #Coinbase Prime #CIC Digital LLC #Donald Trump #Fight Fight Fight LLC #Celebration Cards LLC #Andrew Pierce #Bill Zanker #Melania

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Sources

dlnews.com bsc.news intel.arkm.com solscan.io

DL News

@DLNewsInfo

Official Trump memecoin wallet cashes out $4.6m to Coinbase ahead of team unlocks https://t.co/tSAnGUwmXy

BSCN

@BSCNews

🚨 PI TOKEN UNLOCKS: Everything you need to know about @PiCoreTeam's $PI token unlocks and their potential impact... 👇 https://t.co/K6tnuqW4Jn

Pluid

@tryPluid

NEWS: $TRUMP dev removed liquidity 13 hours ago - pulling out 4.6M $USDC from the pool. Funds were then bridged to Ethereum and then deposited into Coinbase Prime. (h/t @lookonchain) https://t.co/9n6JvvE1b2