Crypto markets saw a notable rebound this week, fueled by the postponement of U.S. reciprocal tariffs and renewed institutional interest. Bitcoin surged to new all-time highs, pulling altcoins up with it and injecting optimism across the board. In this week’s report, we highlight the major $TRUMP unlock, continued struggles among high-emission tokens like $ATH, and the upcoming public sale of $PUMP — the native token of pump.fun’s growing token launchpad.
Weekly Unlocks Recap
The delay of reciprocal tariffs to August 1 sparked a bullish shift in market sentiment this week, reversing the cautious tone seen earlier. Momentum was further boosted by several companies announcing crypto purchases as part of their treasury strategies, injecting fresh demand into the space. Bitcoin surged to a new all-time high, pulling altcoins along with it as broader market confidence returned.
Despite the broader market turning positive, many high-emission tokens continue to underperform. These tokens struggle to gain traction as persistent supply growth outweighs demand. A notable example is $ATH, which remains near its all-time low — highlighting how emission schedules can still weigh heavily on price, even in bullish conditions.
Upcoming Events
Next week’s scheduled token unlocks are set to exceed $1.7 Billion in total value. Of this, approximately 58% is classified as insider unlocks under Tokenomist’s framework — referring to allocations designated for founders, core teams, or early investors. Notable tokens facing sizable releases by dollar value include $TRUMP, $CONX, $FTN, $ARB, and $SEI.
Unlocks Spotlight: $TRUMP
- Unlock Date: July 18, 2025
- Amount: $ 905M
- Unlock as % of Circulating Supply: 45%
- Current Unlock Progress: 20% unlocked
- Vested Allocations: Founder/Team
$TRUMP leads this week’s unlock calendar, topping both in dollar value and in percentage of circulating supply. Nearly $1 billion worth of tokens are set to be released — all allocated to the project’s founder and core team. This marks the first major cliff unlock for the insider cohort, with a linear vesting schedule to follow in subsequent months.
Typically, such a large insider unlock would raise immediate concerns around sell pressure. However, $TRUMP’s price action has historically been heavily influenced by political headlines. As a result, even large emissions may be overshadowed by speculative momentum — making the token’s response to this unlock harder to predict compared to more fundamentals-driven assets.
New TGEs on the Radar
This week’s spotlight is on $PUMP, the native token of Pump.fun, which is set for public sale from July 12–15 (or until sold out). The project is aiming to build a decentralized social platform—positioned as a Web3-native alternative to TikTok, Twitch, and Facebook—where users are financially rewarded for engagement rather than just likes or views.
$PUMP will launch with a total supply of 1 trillion tokens, 55% of which will be in circulation on day one — a notably high float compared to most recent launches. The allocation includes 33% for the ICO, split between 18% for institutional investors and 15% for retail participants. Additionally, 24% is allocated to community initiatives and 20% to the team.
The token is also designed with revenue-sharing mechanics in mind: 25% of platform revenue will be used to buy back $PUMP tokens, introducing a deflationary element that could align long-term incentives with platform growth. With both high initial float and an established user base, market participants are closely watching how the token performs post-launch.
Notable Crypto News
Institutional
- Japan’s Remixpoint says it raised $215 million to expand bitcoin treasury (The Block)
- Nasdaq-listed hotel chain Murano joins bitcoin treasury race with $500 million equity purchase agreement (The Block)
- Bit Digital Shifts Bitcoin Treasury Strategy to Ethereum (Coinage)
- BlackRock's spot Bitcoin ETF IBIT surpasses 700,000 BTC in assets under management (The Block)
Regulation
- Treasury Department, IRS remove controversial 'crypto broker' tax rule requiring non-custodial service providers to file customer transaction info (The Block)
Tokenomics
- Pump.fun to Launch PUMP Token via ICO on July 12 (CoinDesk)
General
- Coinbase partners with Perplexity AI on real-time crypto data service (The Block)
- GMX halts trading, token minting following $40M exploit (CoinTelegraph)