Trump Memecoin Faces Market Test Amid $520M Token Unlock

Trump Memecoin Faces Market Test Amid $520M Token Unlock

President Donald Trump's official memecoin, $TRUMP, has experienced a significant decline, currently trading at approximately $10—an 85% drop from its January peak of $73. This downturn coincides with an impending release of 50 million tokens, valued at over $520 million, scheduled for July 18, which could further impact the token's market performance. On-chain data indicates that only 26.48% of the total $TRUMP token supply has been unlocked...

Trump Memecoin Faces Market Test Amid $520M Token Unlock

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