Trump Tokens Re-Locked After Transfer to Exchange – Coincu
The post Trump Tokens Re-Locked After Transfer to Exchange – Coincu appeared on BitcoinEthereumNews.com.
Key Points: Trump team’s token deposit to enhance liquidity, involves re-locking strategies. Immediate reaction restricting transfer within the next 90 days. Political implications tied to ongoing crypto initiatives. On May 10, 2025, the Trump team transferred 3.5 million Trump tokens into a centralized exchange (CEX) to boost liquidity. The tokens were deposited into an exchange, but have since been re-locked for 90 days. This move underscores a strategic initiative to manage token circulation effectively while ensuring market stability. Reactions in the market reflect confidence in these liquidity adjustments as reports confirmed no additional transfers would occur during the locking period. 3.5 Million Trump Tokens Strategically Re-Locked for 90 Days The Trump team deposited 3.5 million Trump tokens into a CEX to support liquidity. The official response highlighted its aim to ensure both transaction parties could access the tokens seamlessly from the initial liquidity wallet provided at issuance. All tokens were subsequently re-locked for the next 90 days, according to PANews. Trump Token Market Experiences Fluctuations Amid Positive Investor Response According to CoinMarketCap data, the Trump token, listed under the symbol TRUMP, is currently priced at $14.17. Its market cap stands at formatNumber(2833825933, 2) billion, with high trading volumes reaching formatNumber(2673886862, 2) billion in the past 24 hours. Despite a recent price decrease of 19.48% over 90 days, the token witnessed a 75.93% surge in the last 30 days, indicating potential investor optimism. Insights from the Coincu research team suggest that the recent liquidity increase may enhance market confidence. By re-locking tokens, the Trump team aspires to curb excessive volatility while positioning for potential future gains as crypto-related policies evolve. “President Trump’s venture into crypto products has increased his family’s wealth by billions in the last six months, with crypto holdings now representing nearly 40% of his net worth, approximately $2.9…
Filed under: News - @ May 10, 2025 5:25 am