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BTC $75,818.14 -2.10%
ETH $2,356.83 -3.38%
BNB $630.86 -1.99%
XRP $1.44 -3.37%
SOL $86.22 -3.50%
TRX $0.3293 +0.50%
DOGE $0.0951 -5.23%
ADA $0.2499 -4.33%
BCH $445.08 -2.19%
LINK $9.31 -3.87%
HYPE $44.23 -1.34%
AAVE $106.12 -8.87%
SUI $0.9617 -5.04%
XLM $0.1705 -2.71%
ZEC $324.25 -1.87%

Analyst: There is currently no supply issue with TRUMP token economics

2025-01-22 21:16:53
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ChainCatcher news, according to The Block, despite widespread criticism of its tokenomics and a market cap decline from a peak of $14.5 billion, TRUMP has surged over 12% in the past day, trading at over $42. Meanwhile, the market cap of MELANIA, associated with the First Lady, once reached $2 billion but has since lost momentum, dropping over 9% in the past 24 hours.

K33 Research DeFi analyst David Zimmerman stated in a report on Wednesday: "Although the TRUMP token has underperformed for a while, there will be no unlocking for 3 months, so there is no need to worry about new supply for quite some time."

Currently, 20% of the official TRUMP tokens are in circulation. Half of these are used for liquidity, while the other half is open to the public. The remaining 80% of the tokens are locked and will be gradually released over 36 months.

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