#Trump
Trade now . . ✌✌✌❤❤❤❤😍😍❤❤❤
𝘾𝙖𝙣 𝙐𝙎 𝙋𝙧𝙚𝙨𝙞𝙙𝙚𝙣𝙩 𝙎𝙖𝙫𝙚 𝙃𝙞𝙨 𝙏𝙍𝙐𝙈𝙋 𝙈𝙚𝙢𝙚𝙘𝙤𝙞𝙣 𝘼𝙨 𝙈𝙖𝙨𝙨𝙞𝙫𝙚 50% 𝙏𝙤𝙠𝙚𝙣𝙨 𝙐𝙣𝙡𝙤𝙘𝙠 𝙏𝙝𝙞𝙨 𝙒𝙚𝙚𝙠
TRUMP coin is preparing for a significant token unlock worth $496.9 million. This event adds pressure to an already weak performing asset. The unlock comes after a long period of declining prices, which raises concerns about further drops. Will the US president backing save this coin from a sell-off?
Millions in crypto assets are slated to be unlocked this week, but the biggest spotlight is on TRUMP. According to Cryptorank, this unlock is scheduled for July 18. The event will see roughly 50% of TRUMP’s circulating supply released into the market. Following that, around $210 million worth of tokens could be unlocked each month
This unlock comes at a tricky time for the token. Since its rapid rise, which pushed prices above $40, TRUMP has now settled into a period of steady trading around the $10 mark. Some analysts see this level as a good buying opportunity, especially with the U.S. political season heating up and media attention returning to Trump.
Despite Sun’s support and potential announcements, he large unlock ahead, which affects more than half of TRUMP’s circulating supply, is significant. History shows that big unlocks usually lead to selling pressure, as early holders or insiders sell to take their profits.
It is worth mentioning that this unlock also coincides with the Crypto Week. As of press time, the TRUMP is trading at $9.79, recording a one-week increase of up to 11%