Trump memecoins worth $321M to hit the market next week


0

https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2025-01/0194a735-d097-76d8-be97-07202a2ccdfe

United States President Donald Trump’s official memecoin is set to unlock $321 million worth of vested tokens on April 18.

Token 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.

Token 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.