Trump Token Faces 90% Plunge as Vesting Begins

The TRUMP token is experiencing significant losses as the first tranche of tokens starts being unlocked on April 18th. This initial release of 40 million tokens, worth approximately $309 million at current prices, represents a 90% drop from its all-time high and could impact market volatility. The unlocked tokens account for 20% of the circulating supply, potentially contributing to further price fluctuations. The TRUMP token’s value has fluctuated between $7.46 and $7.83 over the past 24 hours.