Trump-Memecoin will be releasing over $ 300 million next week
The official Memecoin of US President Donald Trump will unlock token worth $ 321 million on April 18.
The data of the token Vesting Tracker Tokenomist showthat 40 million Trump tokens are released in a so-called Cliff Unlock, which means that the tokens will all be available at once. Since the tokens are currently being traded at a price of about $ 8 each, the activation means that around $ 321 million are launched at once.
The Vesting (Lock) of TOKEN is a common practice in the crypto area to create incentives for long -term holding and prevent early investors or project members from selling token during the project. Instead, the projects determine a blocking period that enables individuals or companies to gradually access the tokens.
Trump-Memecoin after record high crashed hard
While the tokens' creators reported with more than $ 350 million, small investors have not yet been doing so well. The blockchain analysis company Chainalysis estimates that at least 813,000 wallets have suffered a total of around $ 2 billion after the rapid increase and fall of the Memecoin.
Trump's official token has lost a lot of value since his high. On January 19, the token reached an all-time high (ATH) of $ 73.43. This was done one day before the new US president was inaugurated. The hype around the token has subsided since then. Its current value of $ 8 corresponds to a decrease of 89 % since the record high.
The upcoming approval of token could also cause another course of the course for Trump-Memcoin. Massive token activities are often accompanied by a severe decline in courses, since investors who could not sell beforehand can repel their cryptos from this point in time.
In March 2024, Arbitrum unlocked $ 2.32 billion on blocked crypto tokens. At that time, the Arb-token was worth $ 1.89. However, this event followed a decline in the course, whereupon the token is now only traded at $ 0.29, which corresponds to a decrease of 84 % since the activation.
The Trump token is the largest individual crypto activation, which is planned for the week from April 14th to 20th. According to the tokenomist, he accounts for around 61 % of the $ 519 million token, which are to be released over several projects.
Outputs of various tokens in the coming week. Source: tokenomist
Over 500 million US dollars will be on the market next week
In addition to Trump's Memecoin, projects such as Arbitrum, Fastken and Starknet will also release blocked tokens next week.
The activation of FTN is the second largest release to Trump's Memecoin. The tokenomist data showthat the project will release 20 million FTN worth $ 80 million. However, the crypto assets are only assigned to the team and its founders.
Arbitrum will release Arb-token (Arb) worth over $ 27 million next week, which are activated for the founders, team members and private investors. In the meantime, Starknet is 127 million StrK tokens (Strik) release the value of $ 16 million.
