If you hold this one token, then this tweet is a must-read for you

$TRUMP, a memecoin launched by President Trump on Jan 18, is going to see the first major token unlock on April 18th. 40 million new tokens worth $323,200,000 will hit the market, i.e., 20% of the circulating supply.

Since the launch, the token is already down 89%, and investors have already lost around $2 billion

.

As per Dune data, there are 637,000 unique holders of the TRUMP token, down from 817,000 when it launched. There are also now just 12,000 wallets that hold more than $1,000 worth of TRUMP tokens.

Since Jan. 19, this number has gone down significantly; at that time, 143,000 wallets held that amount or more.

Token unlocks are usually a bearish event, as new supply floods into the market, but sometimes whales manipulate the market and pump the token.

 

 

 

 

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