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Trump Memecoin Unlocks $300M in Tokens: Market Impact and Price Outlook for TRUMP
Trump Memecoin Unlocks $300M in Tokens: Market Impact and Price Outlook for TRUMP
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[TRADE_PLUGIN]TRUMPUSDT,TRUMPUSDT[/TRADE_PLUGIN]
TRUMP News - The TRUMP memecoin underwent a major token unlock event on April 18, releasing 40 million tokens valued at approximately $300 million. Of these, 36 million tokens (18% of the released supply) were allocated to creators and CIC Digital 1, while the remaining 4 million tokens (2%) went to creators and CIC Digital 4. This follows a previous unlock of 200 million tokens (worth $1.5 billion) in January. Despite these developments, TRUMP’s price has plummeted 90% from its all-time high three months ago. Analysts suggest the latest unlock could further dampen bullish sentiment amid weak buying pressure, raising questions about the token’s near-term trajectory.
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