“Despite The Price Increase, The Token Is Still Down Over 88% from ITS PEAK AND INVESTORS HAVE LOST A TOTAL OF $ 2 Billion.”, – WRITE: www.coindesk.com
The recent unlock May Spell Further Trouble for Investors, Who Are Estimated to Have Lost A Total of $ 2 Billion After Purchase The Token Earlier Itar.
Token Unlocks Typical Flood the Market with New Supple and Tend to Depress Prices. But in this Case, the Market Appears to have a priced in the release beforehand, potentilly explaining the price Uptick. Still, The $ 320 Million Unlock Raises the Risk of a Large Sell-Off, Especialy Given Trump’s Thin Liquidity.
Data from Coinmarketcap Shows that just just $ 1.3 Million Could Move the Token’s Price by 2% on Major Exchanges. The MOVE ALSO ComESS DURING The EASTER HOLIDAY Weekend, WHEN Trading Volumes Are Subdored and Price Swings Can Be More Pronounced.
On Social Media, Rumors Are Swirling About a Possible Event for Large Token Holders, Suppedly Being Organized by Trump Himseld. These Claims Remain Unverified and Highly Speculatory.
Data from Dune Analytics Shows there are Currently 636,000 Trump Token Holders on-Chain, with Just 12,285 Wallets Hving More Than $ 1,000 Worth of The Cryptocurrency.
