TRUMP +39.38%
The TRUMP token, a memecoin linked to former President Donald Trump, recently experienced a sharp price surge of over 70% following an exclusive dinner event hosted by the president. This event attracted top holders and sparked a buying frenzy amid anticipation of upcoming token unlocks.
#TRUMP The token currently has about 75% of its supply locked, with a significant unlock scheduled for July that will release over $600 million worth of tokens. Recent trading volumes have skyrocketed by 472%, fueled by increased interest and availability on exchanges like Margex. However, the influx of new tokens could exert downward pressure on the price once unlocked.
Given the upcoming large token unlock and the speculative nature of memecoins, TRUMP’s price may face volatility. While short-term momentum is strong, caution is warranted as supply increases could lead to a price correction in the coming months.
TST +6.7%
TST is a token developed by the Binance team primarily for educational purposes and has recently seen an extraordinary price jump exceeding 344% in 24 hours after an accidental launch. This sudden surge caught traders’ attention and led to massive speculative trading.
#TST_USDT Despite its educational intent, the token’s unexpected launch created hype and rapid price appreciation. The token’s value spiked dramatically but has also seen sharp corrections, with reports indicating a fall of over 33% following initial gains. Such volatility is typical for newly launched or accidental tokens.
Considering TST’s origin and recent price behavior, it is likely that the token will experience continued high volatility with potential downward corrections as speculative interest normalizes. Investors should approach with caution given its experimental nature.
RARE +6.34%
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