$TRUMP / USDT Short Trade Signal 🚦
🍒The Trump token market has seen significant developments recently. Here are some key updates ¹ ² ³:🍒
- *Token Price*: The Official TRUMP token price is currently $11.18, with a 13.60% increase in the last 24 hours. The token's market capitalization stands at $2.23 billion.
- *Token Unlock*: A $300 million token unlock occurred on April 17, releasing 40 million tokens into circulation. This event has raised concerns about potential sell-offs and market volatility.
- *Trump Media's New Token Launch*: Trump Media & Technology Group (TMTG) has announced plans to launch a utility token and digital wallet to monetize its social media platform, Truth Social. This move has led to a 10% decline in the Official TRUMP memecoin's price.
- *Investment and Partnerships*: Freight Technologies, a logistics company, has invested $20 million in TRUMP tokens, citing concerns over potential US-Mexico tariffs affecting its operations.
- *Market Reaction*: The TRUMP token's price has been volatile, with an 85% weekly surge at one point. However, it has also experienced significant declines, including a 90% drop from its January highs.
- *Upcoming Events*: Top holders of the TRUMP token are set to receive invitations to a private gala dinner with President Trump on May 22.
Overall, the Trump token market is experiencing significant fluctuations and developments, driven by various factors including token unlocks, new launches, and market sentiment.