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Trump-Themed Memecoin Defies Market Pressure with Sharp Rally Amid $320M Token Unlock During Low-Liquidity Holiday Period

Trump-Themed Memecoin Defies Market Pressure with Sharp Rally Amid $320M Token Unlock During Low-Liquidity Holiday Period

Author:
CoindeskEN
Published:
2025-04-19 14:56:39
14
2

Trump’s Official Memecoin Surges Despite Massive $320 Million Unlock in Thin Holiday Trading

Despite a substantial $320 million token unlock event and typically subdued holiday trading volumes, the official Donald Trump-branded memecoin has posted significant gains. The asset’s unexpected surge highlights persistent retail investor interest in politically-linked cryptocurrencies, even as broader markets experience thin liquidity conditions. Market analysts note the rally occurred against expectations, given the unlocking of tokens that could theoretically flood the market with additional supply. The price action suggests strong demand from speculative traders capitalizing on the former president’s continued cultural relevance in crypto circles during the April 2025 trading period.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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