StockNews.AI
TRUMPUSD
Market Watch
123 days

About $300 million in Trump meme coins unlock Thursday — with the crypto down 90% from its all-time high - MarketWatch

1. 40 million Trump coins worth $300 million unlocked for sale. 2. TRUMPUSD fell 3.1% to $7.50, over 90% down from its high. 3. Investor sentiment is negative ahead of potential sell-off. 4. More tokens scheduled to release after April 17 under a 3-year plan. 5. Historical trends show unlockings often trigger selling pressure.

4m saved
Insight
Article

FAQ

Why Bearish?

The upcoming unlock creates concerns of significant selling, historically dampening crypto prices.

How important is it?

High relevance due to the significant unlocking of tokens and its expected effect on price.

Why Short Term?

Immediate market reactions expected as tokens unlock lead to potential sell-offs.

Related Companies

Related News