StockNews.AI
TRUMPUSD
Market Watch
131 days

Trump’s trust can soon sell some Trump meme coins as $300 million of the coin is unlocked - MarketWatch

1. 40 million Trump tokens worth $300 million unlock on April 17. 2. CIC Digital LLC and Fight Fight Fight LLC control 800 million tokens, 80% total supply. 3. Excessive sales may destabilize the price of Trump digital coin. 4. Trump's policies may create a conflict of interest with crypto regulations. 5. Recent surge in Trump coin price linked to broader crypto market performance.

9m saved
Insight
Article

FAQ

Why Bearish?

Unlocking significant amounts of tokens may lead to oversupply, depressing prices. Historical examples include other cryptocurrencies suffering price declines after large unlock events.

How important is it?

The unlocking of tokens directly affects price dynamics and investor sentiment. Also, Trump's political and business influence adds complexity to market reactions.

Why Short Term?

The initial unlock period is immediate, and price effects will manifest quickly. Historical patterns suggest rapid impacts following unlock events.

Related Companies

Related News