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Trump-Themed Meme Coin Developers Move $4.6M to Coinbase Prior to Major $309M Token Release

Trump-Themed Meme Coin Developers Move $4.6M to Coinbase Prior to Major $309M Token Release

Author:
decryptCO
Published:
2025-04-16 18:25:00
19
1

Trump Meme Coin Team Withdraws $4.6M to Coinbase Ahead of $309M Token Unlock

The development team behind a Donald Trump-inspired meme cryptocurrency has transferred approximately $4.6 million worth of assets to Coinbase exchange. This transaction precedes a scheduled $309 million token unlock event, raising questions about potential market impacts. The move comes as the project approaches a critical liquidity event that could significantly affect the token’s circulating supply and price dynamics. Market analysts are closely monitoring the situation for signs of potential sell pressure or strategic positioning by the project’s founders.

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