Official Trump (TRUMP) expects its first unlock after April 17. The token, which mixes its meme potential with community-building, may lose value even faster after the unlocks.
Ahead of the unlocks, TRUMP fell to a lower range, from $8.47 down to $7.99. The token has erased most of the holders’ value, even as only 20% of the supply is unlocked. The market will potentially see an inflow of 40M unlocked tokens, currently valued at $330M. The tokens belong to one of the biggest creator wallets, currently holding 39% of the supply.