TRUMP tokenholders face 90% decline from peak as unlock begins
The first TRUMP token unlock releases $309M worth of tokens at a steep discount from its January all-time high.
TRUMP tokenholders face steep losses as the first vesting unlock goes live on April 18, releasing 40 million tokens, worth roughly $309 million, into circulation at a 90% discount from its peak.
The unlocked tokens account for 20% of the current circulating supply and could introduce fresh volatility as a previously illiquid portion of the supply hits the market. According to CoinGecko, the TRUMP token price has fluctuated between $7.46 and $7.83 in the past 24 hours.
April 18 marks the first unlock event for the TRUMP token, with steady, smaller unlocks following from that date.
Read more
