TRUMP tokenholders face 90% decline from peak as unlock begins
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TRUMP tokenholders face steep losses as the first vesting unlock goes live on April 18, releasing 40 million tokens, worth roughly $309 million, into circulation at a 90% discount from its peak. The unlocked tokens account for 20% of the current circulating supply and could introduce fresh volatility as a previously illiquid portion of the supply hits the market. According to CoinGecko, the TRUMP token price has fluctuated between $7.46 and $7.83 in the past 24 hours. April 18 marks the first unlock event for the TRUMP token, with steady, smaller unlocks following from that date. TRUMP emission schedule. Source: GetTrumpMemes The TRUMP token is down 89.5% from its all-time high of $73.43 recorded on Jan. 19, just two days after launching ahead of US President Donald Trump’s inauguration. The token’s value collapsed in the weeks following its debut, with over 800,000 wallets suffering a total of $2 billion in losses, according to estimates from blockchain analytics firm Chainalysis Gains or losses are only realized upon sale, meaning holders won’t incur actual losses unless they choose to sell their tokens. According to the token’s website, the unlocked tokens will belong to the “Creators and CIC Digital LLC.” Related: Donald Trump’s memecoin generated $350M for creators: Report Who owns the TRUMP token supply? According to the TRUMP token’s website, two organizations affiliated with Trump’s business umbrella own 80% of the token supply: CIC Digital LLC and Fight Fight Fight LLC. A report from MarketWatch notes that CIC Digital, an affiliate of The Trump Organization, was placed in a trust by the time of Trump’s 2024 financial disclosures to the US Federal Election Commission. CIC Digital had previously been linked to Trump’s non-fungible token collections. Related: What is TRUMP? Donald Trump’s billion-dollar memecoin Fight Fight Fight LLC is another Trump-affiliated business. It…
Filed under: News - @ April 19, 2025 3:12 am