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TRUMP Token Crashes 90%, Wiping Out $2 Billion In Value
TRUMP Token Crashes 90%, Wiping Out $2 Billion In Value
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The $TRUMP token, which initially saw a spectacular surge and had open support from the former president, experienced a brutal turning point on April 18 with the unlocking of 40 million tokens, equivalent to 20% of the circulating supply. This resulted in a 90% plunge in the token price since its January peak, dropping to $8 from $73.43. Entities linked to Trump hold 80% of the total token supply, raising ethical concerns among experts regarding the project’s political and financial aspects.
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