TRUMP tokenholders face 90% decline from peak as unlock begins
TRUMP tokenholders are facing significant losses as the first unlock event on April 18 releases 40 million tokens, worth approximately $309 million, at a 90% discount from its January all-time high. This unlock accounts for 20% of the current circulating supply, potentially adding volatility to the market. The TRUMP token has declined 89.5% from its peak price of $73.43, recorded shortly after its launch. Analysis indicates that over 800,000 wallets hold the TRUMP tokens, and losses are only finalized when holders decide to sell. Significant ownership of the token supply is attributed to organizations related to Donald Trump's business interests, with CIC Digital LLC holding a major share. The April 18 event symbolizes a 'cliff' unlock, releasing a substantial number of tokens at once, although smaller amounts will be unlocked steadily in the following days.
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