Surprise! Trump’s Memecoin Up 9% Despite $320 Million Risk – Who Knew?

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So, What’s Going On? Let’s Take a Peek:

  • Donald Trump’s TRUMP memecoin has managed to climb a shocking 9% in the last 24 hours, after a grand $320 million token unlock. Oh, how the mighty rise… temporarily.
  • The unlock could still set the stage for a big sell-off. The liquidity is as thin as a paper napkin, and it takes only $1.3 million to move the price by 2%. Guess that’s the magic number!
  • There are 636,000 eager TRUMP token holders, but only 12,285 of them hold more than $1,000 in this rollercoaster of a coin. No wonder it feels a bit like a niche club.
  • Rumors are circulating of a *possible* event for big holders, perhaps hosted by the one and only Trump himself. But don’t get too excited, because no one has actually verified any of this. It’s all a bit speculative—like a reality TV show plotline.

Ah, the TRUMP memecoin—a true spectacle. After the grand token unlock, it’s seen a 9% rise in the last 24 hours, pushing the price to about $8.40. And yet, this is still far from its peak of over $71 in January. A small victory for those brave souls holding on, but let’s not forget, it’s still down a cool 88%. Well, at least it’s *something*.

However, the fun doesn’t stop there. This unlock might just unleash a new wave of problems for the investors who already face a $2 billion loss. You know, just a casual two-billion-dollar hole in their pockets. Token unlocks typically flood the market with more coins than a Black Friday sale, depressing prices—but in this case, the market seems to have been expecting this flood, so the price went up. Because, why not?

But let’s be real, the $320 million unlock means more volatility is coming—especially given the token’s thin liquidity. A mere $1.3 million is all it takes to push the price around. It’s almost as if the market is one sneeze away from chaos. And hey, it’s the Easter weekend, so everyone is on holiday, which means fewer trades and crazier price swings. The perfect storm, or shall we say… an Easter egg hunt for volatility?

Meanwhile, on social media, people are buzzing about a possible event for the high rollers of TRUMP tokens. Rumors suggest Trump might even be hosting this soiree himself. Fancy, right? But don’t get your hopes up, as these rumors are just that—rumors. Speculation at its finest. Nothing verified, nothing official. Just internet chatter and wishful thinking.

According to Dune Analytics (so they say), there are currently 636,000 holders of TRUMP tokens. Yet, only 12,285 wallets hold more than $1,000 worth of the stuff. So, not exactly a crypto revolution, but it’s something. Maybe the 12,285 are planning to buy Trump Tower with their tokens. Or not.

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2025-04-19 18:41