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)
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