TRUMP Token Unlock Alert: 40 Million Tokens to Hit Market in 48 Hours 🚨
The TRUMP token is set to experience a significant unlock event on April 18, with 40 million tokens worth approximately $321-$338.57 million entering the market. This represents a 20% increase in circulating supply and 4% of the total supply. The token's price has already dropped 89% since its peak in January, and this unlock could further exacerbate the downturn.
*Key Details:*
- *Token Unlock Schedule:* 40 million TRUMP tokens will be released, with 36 million going to Creators & CIC Digital 1 and 4 million to Creators & CIC Digital 4
- *Market Impact:* Potential price swings due to increased supply, with liquidity concerns and market volatility expected
- *Current Price:* TRUMP is trading at around $8, down 30% in the past month
- *Dev Wallet Holdings:* 15.386 million TRUMP tokens (~$123.4 million) and 200 million USDC liquidity still on Meteora
*What to Expect:*
Historically, large-scale token unlocks have resulted in increased selling pressure, and TRUMP's unlock follows this trend. With fragile market sentiment and limited liquidity, traders and holders should stay alert for potential turbulence. The token's price will likely experience significant fluctuations depending on how quickly newly available tokens are sold ¹ ² ³.
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