United States President Donald Trump’s official memecoin is set to unlock $321 million worth of vested tokens on April 18.
Token vesting tracker Tokenomist data data-ct-non-breakable=”null” href=”https://tokenomist.ai/official-trump” rel=”null” target=”null” text=”null” title=”null”>shows that 40 million Trump tokens will be released in a cliff unlock, meaning the tokens will be available all at once. With the tokens currently trading at about $8, the unlock represents about $321 million in supply entering the market at once.
data-ct-non-breakable=”null” href=”https://cointelegraph.com/explained/vesting-in-crypto-explained” rel=”null” target=”null” text=”null” title=”null”>Token vesting is a common practice in the crypto space to incentivize long-term holding and prevent early investors or team members from dumping…
