Data: TRUMP surged over 9% after unlocking $320 million, still down over 88% from its peak
ChainCatcher news, according to CoinDesk, TRUMP rose over 9% within 24 hours after unlocking $320 million in tokens, with the current price around $8.26, but still down over 88% from the January peak.
Despite low liquidity, $1.3 million can drive a 2% price fluctuation, but the market seems to have already priced in the unlocking expectations. Currently, there are 636,000 wallet addresses, with less than 2% holding over $1,000.
There are rumors on social media that Trump himself or organizations are holding tokens, but this has not been confirmed.
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