Donald Trump's TRUMP memecoin has seen a gain of over 9% in the past 24 hours, following a significant token unlock worth $320 million. Despite this increase, the token remains down more than 88% from its January peak above $71, leading to an estimated total loss of $2 billion for investors. Due to the token's low liquidity, a mere $1.3 million in trading could shift the price by 2% on major exchanges, raising concerns about a potential sell-off. The market activity coincided with the Easter holiday weekend, which typically sees reduced trading volumes and heightened price volatility. There are currently around 636,000 TRUMP token holders, though only 12,285 wallets contain over $1,000 worth of the cryptocurrency. Speculations about a possible event for larger token holders, allegedly organized by Trump himself, have circulated, but these remain unverified and speculative.

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