Trump Meme Coin Unlock Sparks Market Jitters
A major event in the crypto space involves the imminent unlocking of 40 million Official Trump meme coins, valued at approximately $320 million at the current $8 market price. These tokens are likely to be sold quickly, sparking fears of a price drop due to dilution. Experts anticipate a rapid price decline to $6 or $7, potentially dropping to $3 by the end of May .