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BTC $77,130.57 +2.96%
ETH $2,410.69 +3.43%
BNB $643.94 +2.46%
XRP $1.47 +2.63%
SOL $88.55 +0.42%
TRX $0.3274 +0.44%
DOGE $0.0988 +1.06%
ADA $0.2579 +1.23%
BCH $454.06 +0.93%
LINK $9.61 +2.17%
HYPE $44.89 +2.53%
AAVE $114.99 +1.32%
SUI $1.00 +2.06%
XLM $0.1744 +4.92%
ZEC $335.71 +0.10%

Analyst: There is currently no supply issue with TRUMP token economics

2025-01-22 21:16:53
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ChainCatcher news, according to The Block, despite widespread criticism of its tokenomics and a market cap decline from a peak of $14.5 billion, TRUMP has surged over 12% in the past day, trading at over $42. Meanwhile, the market cap of MELANIA, associated with the First Lady, once reached $2 billion but has since lost momentum, dropping over 9% in the past 24 hours.

K33 Research DeFi analyst David Zimmerman stated in a report on Wednesday: "Although the TRUMP token has underperformed for a while, there will be no unlocking for 3 months, so there is no need to worry about new supply for quite some time."

Currently, 20% of the official TRUMP tokens are in circulation. Half of these are used for liquidity, while the other half is open to the public. The remaining 80% of the tokens are locked and will be gradually released over 36 months.

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