TRUMP Memecoin Faces Volatility Amid $320 Million Token Unlock
- OFFICIAL TRUMP memecoin plunges, facing extreme market volatility
- A $320 million worth of TRUMP tokens were unlocked a couple of days ago.
OFFICIAL TRUMP memecoin is facing extreme market volatility, whereas its trading volume has increased significantly. The token price increased nearly 10% yesterday despite the massive token unlock a couple of days ago. It is currently facing extreme price fluctuations as a result of thin liquidity.
TRUMP memecoin is trading at $8.35 at the time of reporting, with a 0.41% drop in the last 24 hours. After recording significant gains yesterday, its price is now following a downtrend. Its 24-hour trading volume increased by over 50%, while the market cap stands at $1.67 billion. A 38.5% volume/market cap ratio indicates high liquidity and market activity at present.
OFFICIAL TRUMP Memecoin Scheducled $320M Token Unlock
The TRUMP memecoin witnessed a $320 million token unlock a couple of days ago as per its previous schedule. Token unlocks usually lead to price drops, but the TRUMP price increased a few hours after the $320 million tokens were unlocked on April 18. A token unlock of this magnitude will eventually lead to a large sell-off and result in its price drop.
The OFFICIAL TRUMP memecoin is now trading in the $8.3 price range with no significant price change. As per Tokenomist.ai, a total of 24% of the TRUMP tokens were locked so far. The upcoming token unlock event is scheduled to take place on July 18, 2025. It will bring a new 50 million TRUMP tokens into circulation.
TRUMP Memecoin is facing less investor interest compared to the beginning days of its launch. It even raised concerns of market manipulation being created in the name of the US President. The token reached a peak of over $72 in the first couple of days of its launch and is trading at a value much below that.
Highlighted Crypto News Today:
Read More
Spotlight on XRP, Solana as 72 Crypto ETFs Seek SEC Approval This Year
South Korean Crypto Investor Survey Points to Q3 for Altcoin Season Start
TRUMP Memecoin Faces Volatility Amid $320 Million Token Unlock
- OFFICIAL TRUMP memecoin plunges, facing extreme market volatility
- A $320 million worth of TRUMP tokens were unlocked a couple of days ago.
OFFICIAL TRUMP memecoin is facing extreme market volatility, whereas its trading volume has increased significantly. The token price increased nearly 10% yesterday despite the massive token unlock a couple of days ago. It is currently facing extreme price fluctuations as a result of thin liquidity.
TRUMP memecoin is trading at $8.35 at the time of reporting, with a 0.41% drop in the last 24 hours. After recording significant gains yesterday, its price is now following a downtrend. Its 24-hour trading volume increased by over 50%, while the market cap stands at $1.67 billion. A 38.5% volume/market cap ratio indicates high liquidity and market activity at present.
OFFICIAL TRUMP Memecoin Scheducled $320M Token Unlock
The TRUMP memecoin witnessed a $320 million token unlock a couple of days ago as per its previous schedule. Token unlocks usually lead to price drops, but the TRUMP price increased a few hours after the $320 million tokens were unlocked on April 18. A token unlock of this magnitude will eventually lead to a large sell-off and result in its price drop.
The OFFICIAL TRUMP memecoin is now trading in the $8.3 price range with no significant price change. As per Tokenomist.ai, a total of 24% of the TRUMP tokens were locked so far. The upcoming token unlock event is scheduled to take place on July 18, 2025. It will bring a new 50 million TRUMP tokens into circulation.
TRUMP Memecoin is facing less investor interest compared to the beginning days of its launch. It even raised concerns of market manipulation being created in the name of the US President. The token reached a peak of over $72 in the first couple of days of its launch and is trading at a value much below that.
Highlighted Crypto News Today:
Read More
Spotlight on XRP, Solana as 72 Crypto ETFs Seek SEC Approval This Year