Data: After unlocking $320 million, Trump rose more than 9% against the trend, and is still more than 88% below its peak
On April 19th, TRUMP rose by over 9% within 24 hours after unlocking 320 million US dollars in tokens, with the current price around 8.26 US dollars, but still down over 88% from the January high.
Despite poor liquidity, 1.3 million US dollars can drive a 2% price fluctuation, but the market seems to have already digested the unlocking expectations. Currently, there are 636,000 holding addresses, with less than 2% holding over 1,000 US dollars.
There are rumors on social media platforms about activities of TRUMP himself or organizations holding tokens, but it has not been confirmed.
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.
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