{"id":127012,"date":"2025-04-11T14:16:58","date_gmt":"2025-04-11T14:16:58","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127012"},"modified":"2025-04-11T14:16:58","modified_gmt":"2025-04-11T14:16:58","slug":"trump-memecoins-worth-321m-to-hit-the-market-next-week","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127012","title":{"rendered":"Trump memecoins worth $321M to hit the market next week"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsUnited States President Donald Trump\u2019s official memecoin is set to unlock $321 million worth of vested tokens on April 18.<br \/>\nToken vesting tracker Tokenomist data shows that 40 million Trump tokens will be released in a cliff unlock, meaning the tokens will be available all at once. With the tokens currently trading at about $8, the unlock represents about $321 million in supply entering the market at once.<br \/>\nToken vesting is a common practice in the crypto space to incentivize long-term holding and prevent early investors or team members from dumping tokens during the start of the project. Instead, projects impose a vesting period that allows individuals or entities to gradually get access to the tokens.\u00a0<br \/>\nTrump memecoin down 89% since its peak<br \/>\nWhile the token\u2019s creators reportedly profited by more than $350 million, retail investors have not fared as well. Blockchain analytics firm Chainalysis estimates that at least 813,000 wallets suffered losses totaling roughly $2 billion following the memecoin\u2019s rapid rise and fall.<br \/>\nTrump\u2019s official token has seen a sharp decrease in value since its peak. On Jan. 19, the token reached an all-time high (ATH) of $73.43. This happened a day before the then-incoming US president was inaugurated. The hype surrounding the token has died down since. Its current value of $8 represents an 89% drop since its ATH.\u00a0<br \/>\nThe forthcoming token unlock might also cause a further price drop for the Trump memecoin. Massive token unlocks are often followed by sharp declines in crypto prices as holders who previously couldn\u2019t sell will be allowed to offload their crypto.\u00a0<br \/>\nIn March 2024, Arbitrum unlocked $2.32 billion in vested crypto tokens. At the time, its ARB token was worth $1.89. However, the event was followed by a decline in the crypto asset\u2019s value, with the token trading at $0.29 at the time of writing, an 84% drop since the unlock.\u00a0<br \/>\nThe Trump token is the largest single crypto unlock scheduled for the week of April 14\u201320. It accounts for roughly 61% of the total $519 million in tokens set to be released across several projects, according to Tokenomist.<br \/>\n$519 million in locked crypto tokens will be released next week. Source: TokenomistRelated: Trump administration reportedly shutters DOJ\u2019s crypto enforcement team<br \/>\nTokens worth $519 million due to be unlocked next week<br \/>\nIn addition to Trump\u2019s memecoin, projects including Arbitrum, Fasttoken and Starknet will release vested tokens next week.\u00a0<br \/>\nFTN\u2019s unlock is the second-biggest release after Trump\u2019s memecoin. Tokenomist data shows the project will release 20 million FTN worth $80 million. The crypto assets are allocated to the team and its founders.\u00a0<br \/>\nArbitrum will release ARB (ARB) tokens worth over $27 million next week, which will be unlocked for its founders, team members and private investors. Meanwhile, Starknet will release 127 million STRK (STRK) tokens worth $16 million.\u00a0<br \/>\nMagazine: Memecoin degeneracy is funding groundbreaking anti-aging research<a href=\"https:\/\/cointelegraph.com\/news\/trump-tokens-worth-321-million-to-be-unlocked?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsUnited States President Donald Trump\u2019s official memecoin is set to unlock $321 million worth of vested tokens on April 18. Token vesting tracker Tokenomist data shows that 40&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127012"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127012"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127012\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127012"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}