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BTC $65,634.87 -1.46%
ETH $1,836.11 -2.70%
BNB $597.51 -2.13%
XRP $0.9768 -1.16%
SOL $73.12 -2.84%
TRX $0.3071 -1.69%
DOGE $0.0595 -4.54%
ADA $0.1563 -2.88%
BCH $211.75 -1.82%
LINK $9.34 -1.78%
HYPE $68.44 +0.85%
AAVE $108.15 +2.41%
SUI $0.7360 -3.55%
XLM $0.1407 -0.80%
ZEC $914.37 +4.33%
AAPL $356.74 +0.03%
AMZN $263.66 -0.13%
GOOGL $292.83 +0.02%
MSFT $520.79 -0.18%
META $637.25 -0.29%
NVDA $160.86 -0.53%
TSLA $388.05 -0.01%
SNDK $855.86 -0.79%
INTC $57.93 -0.81%
SPCX $138.47 +2.46%
MU $756.78 -1.06%
AMD $522.00 -0.18%

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

2025-01-22 21:16:53

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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