Trump’s meme coin will unlock 40 million tokens on April 18, and the tokens granted to the project team are worth about $320 million, or about 20% of the revolving supply. The sell-off could trigger huge market pressure. Since its launch in January, the token has dropped about 83% from its peak to around $8. The number of holders has dropped from 817,000 to 637,000, with a sharp drop in high-balanced wallets.
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