TRUMP Price Alert April 20: Breakout Targets $31 on Charts, But Faces Major Unlock Event
- TRUMP token surged 9.3% in 24 hours with a 49.2% jump in trading volume.
- A 40 million token unlock—worth $332M—is set to hit the market, raising volatility risks.
- Technical breakout from a descending triangle points to a possible rally toward $31.
The TRUMP meme coin is back in the spotlight after a surprising 9.3% pump in the past 24 hours, coinciding with a 49.20% surge in trading volume.
As of press time, TRUMP is trading at $8.32, slightly retracing from its daily high of $8.52. This price uptick precedes a major token unlock scheduled for Friday, an event expected to impact market dynamics.
Massive Token Unlock Imminent
According to Tokenomist, about 40 million TRUMP tokens are scheduled for release Friday. That puts roughly $332.8 million worth of tokens into the available supply.
This represents 4% of the total 1 billion token supply, but a more substantial 20% of the current circulating supply, which sits at around 200 million tokens.
While…
The post TRUMP Price Alert April 20: Breakout Targets $31 on Charts, But Faces Major Unlock Event appeared first on Coin Edition.
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TRUMP Price Alert April 20: Breakout Targets $31 on Charts, But Faces Major Unlock Event
- TRUMP token surged 9.3% in 24 hours with a 49.2% jump in trading volume.
- A 40 million token unlock—worth $332M—is set to hit the market, raising volatility risks.
- Technical breakout from a descending triangle points to a possible rally toward $31.
The TRUMP meme coin is back in the spotlight after a surprising 9.3% pump in the past 24 hours, coinciding with a 49.20% surge in trading volume.
As of press time, TRUMP is trading at $8.32, slightly retracing from its daily high of $8.52. This price uptick precedes a major token unlock scheduled for Friday, an event expected to impact market dynamics.
Massive Token Unlock Imminent
According to Tokenomist, about 40 million TRUMP tokens are scheduled for release Friday. That puts roughly $332.8 million worth of tokens into the available supply.
This represents 4% of the total 1 billion token supply, but a more substantial 20% of the current circulating supply, which sits at around 200 million tokens.
While…
The post TRUMP Price Alert April 20: Breakout Targets $31 on Charts, But Faces Major Unlock Event appeared first on Coin Edition.
Read More
Will $TRUMP Token Bulls Challenge the Key $13.64 Resistance Level Again on April 26?