Data: TRUMP Surges Over 9% After Unlocking $320 Million, Still Down Over 88% From Peak
According to CoinDesk, TRUMP surged over 9% within 24 hours after unlocking $320 million in tokens, with the current price approximately $8.26, though still down over 88% from the January high.
Despite low liquidity, a movement of $1.3 million can cause a 2% price fluctuation, yet the market seems to have anticipated the unlock. Currently, there are 636,000 addresses holding tokens, with fewer than 2% holding over $1,000.
Rumors are circulating on social media about activities involving Trump or token holders, but these are yet to be confirmed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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