About $300 million in Trump meme coins unlock Thursday — with the crypto down 90% from its all-time high - MarketWatch
The upcoming unlock creates concerns of significant selling, historically dampening crypto prices.
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The upcoming unlock creates concerns of significant selling, historically dampening crypto prices.
What happened, with direct paths to the underlying reporting
40 million Trump coins worth $300 million unlocked for sale. TRUMPUSD fell 3.1% to $7.50, over 90% down from its high. Investor sentiment is negative ahead of potential sell-off. More tokens scheduled to release after April 17 under a 3-year plan. Historical trends show unlockings often trigger selling pressure.
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