TRUMP Rises 9% After Unlocking $320 Million, Still Down Over 88% from Peak
TRUMP surged over 9% within 24 hours after unlocking $320 million worth of tokens, currently priced at approximately $8.26, but still down more than 88% from its January peak. Despite poor liquidity, a movement of just $1.3 million can shift the price by 2%, although the market seems to have preemptively absorbed the unlocking expectations. There are currently 636,000 wallet addresses, with less than 2% holding over $1,000. There are unconfirmed reports circulating on social platforms about former President Trump himself or related groups organizing token holder events. (CoinDesk)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
President Trump on Trade Deal: I Think We Are Doing Very Well
US March Core PCE Price Index YoY at 2.6%, Expected 2.60%
Traders Fully Price in Four 25 Basis Point Rate Cuts by the Fed by the End of 2025
U.S. stocks open sharply lower, tech stocks tumble
Trending news
MoreCrypto prices
More
