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Trump's Official Memecoin Surges Despite Massive $320 Million Unlock in Thin Holiday Trading

Summary by Coin Desk
TRUMP, the memecoin tied to U.S. President Donald Trump, gained more than 9% in the past 24 hours following a $320 million token unlock. The price now sits around $8.40, still down more than 88% from its peak above $71 on Jan. 18.The recent unlock may spell further trouble for investors, who are estimated to have lost a total of $2 billion after purchasing the token earlier this year.Token unlocks typically flood the market with new supply and t…

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https://www.cryptela.com broke the news in on Saturday, April 19, 2025.
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