A significant event is unfolding in the crypto world as the Official Trump Meme Coin prepares for a massive token unlock. Starting April 17, 2025, 40 million tokens, valued at approximately $320 million, will begin unlocking daily over the next two years. These tokens are held by affiliates of the Trump Organization. Key Points:
Token Unlock Details: The unlocking process commences on April 17, 2025, with a daily release of tokens over two years.
Market Concerns: Analysts anticipate a potential price drop due to the sudden increase in token supply, with projections suggesting a decline to $6–$7, and possibly as low as $3 by the end of May.
Lack of Utility: Despite initial expectations, the Trump Organization has not introduced any utility features for the token, raising concerns about its long-term value.
This development has sparked discussions about the implications of large token unlocks on market stability and investor confidence. Stay informed and exercise caution in volatile markets.