COINOTAG reports on April 16 that a significant event is imminent in the TRUMP ecosystem. Just 48 hours away from a massive token unlock, the TRUMP development address has recently executed a strategic withdrawal, removing 366,000 TRUMP and 4.6 million USDC from the Meteora liquidity pool. Currently, this address retains 14.72 million TRUMP and 200 million USDC within the Meteora infrastructure, along with 15.38 million TRUMP on-chain, collectively valued at approximately $120 million. With the scheduled unlock of 40 million TRUMP tokens on April 18, representing around 20% of the circulating supply, market analysts highlight potential price volatility concerns. Investors are advised to exercise caution, as this influx could substantially affect liquidity dynamics.
Source: https://en.coinotag.com/breakingnews/trump-anticipates-major-unlock-event-40-million-tokens-set-to-impact-market-on-april-18/