On April 18, a substantial $TRUMP token unlock will release 40 million tokens worth $431 Million, accounting for 20% of the circulating supply.
Impact of $TRUMP Token Unlock
The planned unlock of $TRUMP tokens is expected to increase market supply, which may affect demand dynamics significantly.
Market Reaction to Token Unlock
$TRUMP has already shown significant price volatility in the past. With such an extensive unlock looming, traders will be observing to see if increased supply leads to a price dip or if ongoing demand maintains stability.
Other Large Token Unlocks
Next week, several tokens are set for substantial unlocks, including $SUI with $179.33M, $ENA at $32.62M, $OP at $23.36M, and $TRIBE with $13.52M. Smaller unlocks include $GRASS at $6.26M, $DYDX at $5.14M, and $MAV at $3.31M, all potentially influencing market movements.
The token unlock could lead to short-term volatility, or the market might absorb the new supply smoothly if demand remains strong. Observers should monitor price movements and react according to overall market dynamics.
