Key Takeaways:
- Over 90 million TRUMP memecoins, worth $900M, are unlocking this week, increasing supply by 45% amid major crypto legislation debates in Congress.
- Trump is reportedly pressuring GOP lawmakers to support three key crypto bills after a failed procedural vote; a follow-up vote is expected Wednesday.
- Critics, including Rep. Maxine Waters, label the TRUMP token as ethically dubious, accusing it of exploiting Trump’s name and campaign access for profit.
This week, 90 million TRUMP memecoins – worth over $900 million – are set to unlock, increasing the token’s circulating supply by 45%.
The release coincides with a critical moment in U.S. crypto politics as Congress prepares to vote on three major digital asset bills.
🚨 BREAKING: The House has just voted to ADVANCE crypto bills, after multiple members flipped their votes following a meeting with Trump
— Nick Sortor (@nicksortor) July 16, 2025
This rule FAILED in the House yesterday, so Trump brought 12 GOP nay voters to the Oval Office, and convinced them to vote YES.
Well done. pic.twitter.com/5snxu1JFNS
These include proposals on stablecoin regulation, restrictions on central bank digital currencies (CBDCs), and a broader crypto market framework.
Originally launched in January ahead of Donald Trump’s potential return to the presidency, the memecoin’s timing has fueled intense debate.
Its price surged to over $10 before settling near $10.09.
Critics, including Rep. Maxine Waters, argue the token exploits Trump’s public profile and serves no real purpose, claiming it may be used to sell access to the White House.
Trump has also drawn scrutiny for promoting the coin through private events and ties to World Liberty Financial.
As some House Democrats propose anti-“crypto corruption” amendments, Trump is pressuring GOP lawmakers to back the bills.
The overlapping memecoin unlock and legislative votes mark a high-stakes week for both Trump’s crypto ambitions and the future of U.S. crypto policy.
About The Author
Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
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