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BTC $62,848.12 -1.85%
ETH $1,698.86 -2.03%
BNB $573.70 -2.59%
XRP $1.12 -3.29%
SOL $68.65 -3.63%
TRX $0.3202 +0.06%
DOGE $0.0826 -2.28%
ADA $0.1605 -2.86%
BCH $194.69 -6.34%
LINK $7.89 -1.01%
HYPE $67.45 -4.93%
AAVE $73.06 -0.74%
SUI $0.7153 -4.36%
XLM $0.2218 -4.48%
ZEC $449.59 -3.05%

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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