The official meme coin associated with former President Donald Trump has successfully launched on the Tron network, coinciding with the introduction of USD1 stablecoin trading pairs. This strategic development comes at a time when the token is facing challenges in sustaining momentum, largely due to systematic sell-offs conducted by project insiders.
Justin Sun, the founder of Tron, made the announcement regarding the integration and unveiled three initial trading pairs: USDT/USD1, TRX/USD1, and NFT/USD1, on the sun.io platform.
Trading pairs for USD1 on Tron have officially launched!
The first pairs listed on https://t.co/OE3UOaS7Pl are: USDT/USD1, TRX/USD1, and NFT/USD1. @sunpumpmeme @worldlibertyfi @ZachWitkoff @EricTrump
You’re welcome to trade USD1 on the Tron network!
USDT/USD1:…
— H.E. Justin Sun (@justinsuntron) July 7, 2025
Currently, the TRUMP token is valued at $8.61, reflecting an 85% decline from its peak price of $73, which was reached just 48 hours after its launch on January 17, 2025.
The token is under increasing pressure due to coordinated liquidations executed by team members and an impending $520 million token unlock event scheduled for July 18, which is expected to increase circulating supply by approximately 20%.
World Liberty Financial, the blockchain initiative aligned with Trump, has positioned USD1 at the core of its growing DeFi ecosystem.
The BitGo-issued USD1 stablecoin boasts full reserve backing with U.S. Treasuries, dollar deposits, and cash equivalents, providing institutional-grade security and compliance for Trump-related crypto projects.
U.S. President Donald Trump has garnered an estimated $1 billion from his recent crypto ventures, Forbes alleges. #DonaldTrump #Crypto https://t.co/5msDv0ddFz
— Finance Newso.com (@Finance Newso) June 6, 2025
Forbes estimates that Trump has amassed around $1 billion from his crypto endeavors over nine months, comprising $390 million from World Liberty Financial’s token sales, $315 million from the TRUMP meme coin, and $60 million in USD1 holdings.
The notable financial performance is accompanied by increasing scrutiny regarding potential conflicts of interest and concerns about foreign influence.
Coordinated Liquidations Challenge Token Stability
On-chain analytics have identified systematic selling patterns by insiders, with a notable recent sell-off of $1 million occurring through newly created wallet addresses and prompt USDC conversion.
Prior to this, 744,971 TRUMP tokens valued at $8 million were transferred from the Meteora Vault Authority using a multisig wallet managed by the official team.
The selling activity began in April, highlighted by a $4.6 million withdrawal to accounts on Coinbase Prime, which escalated to $47 million in transfers to prominent exchanges like Binance, Coinbase, OKX, and Bybit by June.
A significant event on April 29 saw $20 million offloaded across multiple platforms.
The originating wallet still holds 645,072.16 TRUMP tokens, valued at $7.07 million, indicating that further selling pressure may emerge ahead of the upcoming token unlock.
With only 26.48% of the tokens currently circulating, the unlock poses a serious dilution risk for existing investors.
The initiative has drawn political criticism, with Senator Elizabeth Warren remarking that the GENIUS Act could further “accelerate Trump’s corruption by supercharging the stablecoin market.”
I’m on the Senate floor right now urging my colleagues to vote no on the GENIUS Act.
There is no excuse for Congress to pass a crypto bill that will turbocharge Trump’s corruption. https://t.co/qb8wWQ6PUA
— Elizabeth Warren (@SenWarren) May 19, 2025
Additonally, California Democrat Brad Sherman alleged that Chinese owners of TikTok were planning to buy $300 million in Trump coins—a claim that TikTok has dismissed as “patently false and irresponsible.”
Congressman, claiming that the owners of TikTok are buying “Trump Coins” is patently false and irresponsible and doesn’t even accurately reflect a letter you signed last month. https://t.co/8uxxPrKlzP
— TikTok Policy (@TikTokPolicy) June 19, 2025
On May 22, Trump hosted a gathering for the top 220 TRUMP investors at his golf club near Washington, D.C., attended by Justin Sun, the largest holder with $18 million in tokens.
Sun’s total investments in Trump-related crypto initiatives amount to $93 million, which includes $75 million in World Liberty Financial.
Technical Outlook Indicates Continued Challenges
TRUMP is currently trading within a descending channel structure as depicted by blue trendlines on the daily chart, remaining below the 9-day simple moving average of $8.75 since May.
The previous support level around $10.63 has transformed into a resistance point, presenting a crucial psychological barrier for recent price recoveries.
Projected scenarios suggest potential targets at $11.92 and $14.68, contingent upon overcoming the resistance at $10.63 and breaking out of the descending channel. The RSI is positioned at 36.84, indicating oversold conditions without reaching extreme levels.
The fundamental context offers mixed signals, as the integration of the USD1 stablecoin has seen limited adoption despite an anticipated $2 billion investment from an Abu Dhabi state-backed firm.
A state-backed investment firm in Abu Dhabi is set to make a $2 billion investment into crypto exchange @Binance using USD1. #Trump #Binance https://t.co/2s6LBsx0SL
— Finance Newso.com (@Finance Newso) May 3, 2025
Liquidity risk remains a concern, with over 50% of USD1’s liquidity concentrated in just three wallets.
The ongoing difficulty in gaining traction on major exchanges, such as Binance, adds another layer of resistance that hampers sustained upward movement.
Current technical structures indicate that continued consolidation or potential downturn towards $7.50 to $8.00 support levels may occur unless the expansion of Tron significantly boosts adoption metrics.
Given the prevailing technical trends and fundamental issues, TRUMP appears likely to encounter sustained pressure toward the $7.50 to $8.00 support levels, with any potential recovery relying on a decisive breach of the $10.63 resistance level to reach the target range of $11 to $13 before addressing the ambitious goal of $14.68.
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