Trump memecoins worth $321M to hit the market next week 💰
United States President Donald Trump’s official memecoin will unlock $321 million in tokens on April 18. A cliff unlock will release 40 million Trump tokens, currently valued at about $8 each, into the market.
Despite profits exceeding $350 million, retail investors have absorbed around $2 billion in losses since the memecoin’s peak. Its value has plummeted by 89% from an all-time high of $73.43.
The unlock could further decrease its price. Similar past events, such as Arbitrum’s $2.32 billion unlock, led to significant token price declines.
The Trump token is the largest release in a week when $519 million in locked tokens will be unlocked across various projects including Arbitrum, Fasttoken, and Starknet.
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