CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

coinpedia 2025-04-18 21:09:12

Official Trump Unlocks 40M Tokens Worth $300M: What Next For TRUMP?

The post Official Trump Unlocks 40M Tokens Worth $300M: What Next For TRUMP? appeared first on Coinpedia Fintech News The TRUMP price has dropped 90% from its all-time high, which was recorded three months ago. The latest TRUMP token could weigh down on potential bullish sentiment amid low buying pressure. Official Trump (TRUMP) memecoin unlocked 40 million tokens, worth around $300 million on Friday, April 18. Around 36 million TRUMP tokens, representing 18 percent of the released supply, were allocated to creators and CIC Digital 1. The remaining 4 million TRUMP tokens, representing around 2 per of the released supply, were allocated to creators and CIC Digital 4. Friday’s TRUMP token release follows the January 18th 200 million unlock, worth about $1.5 billion. As a result, TRUMP memecoin has a circulating supply of about 250 million and a maximum supply of 1 billion. Impact of Today’s TRUMP Token Unlock The TRUMP memecoin has gained significant popularity on the Solana network primarily due to its direct affiliation with the U.S. President Donald Trump. The mid-cap memecoin, with a fully diluted valuation of about $7.66 billion and a 24-hour average trading volume of about $278 million, has, however, been trapped in a multi-week falling trend. The latest TRUMP token unlock will weigh down on bullish sentiment in the near future as the dilution from the early investors surges. From a technical analysis, TRUMP’s price is well primed for a bullish rebound in the coming weeks. If Bitcoin (BTC) price leads the wider altcoin market to mirror gold price action, TRUMP price will likely rebound to form a new rising trend. In the four-hour timeframe, TRUMP price, against the U.S. dollar, has been forming a reversal pattern characterized by a triple bottom coupled with bullish divergence of the Relative Strength Index (RSI). A consistent close above the 50-day Moving Average (SMA) will trigger a rally toward the next liquidity range between $9 and $10.

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta