Trump's Token Unlock Sparks Circulation Shift

BlockBeats reports that a significant token unlock occurred five hours ago, involving 40 million tokens valued at around $300 million. This release represents 20% of the total circulating supply. Furthermore, the token's protocol includes a daily linear unlock of approximately 493,000 tokens, which currently holds a value of about $4.12 million. This substantial unlock and ongoing daily release are noteworthy events that could influence the token's circulation and market dynamics.