So, here’s the latest buzz: TRUMP, that memecoin we all know is linked to Donald Trump, actually jumped over 9% in the last day. This happened right after a massive $320 million stash of tokens was unlocked. Right now, you can snag TRUMP for around $8.40, but just remember, it’s still way down – like, 88% down – from its crazy high of over $71 back on January 18th.

Now, this recent token unlock? It might not be great news for folks who’ve invested. Word is, these investors have already seen around $2 billion vanish since they bought into the token earlier in the year. Ouch.

Usually, when tokens get unlocked, it kinda floods the market with new coins. Basic supply and demand says that can push prices down. But get this – this time, it seems like the market already expected it, which might explain why the price actually nudged up. Still, releasing $320 million worth of tokens does make a big sell-off more likely, especially since TRUMP isn’t exactly known for having a ton of trading activity.

Digging into CoinMarketCap, the data shows something pretty wild: it only takes about $1.3 million in trades to make the price jump or drop by 2% on major exchanges. Plus, timing-wise, this is all happening during the Easter holiday, when trading usually chills out and price swings can be even more dramatic.

And get this – social media is buzzing! Rumors are flying around about some kind of event for the big TRUMP token holders, maybe even with Trump himself involved. Take it with a grain of salt though – these are still just rumors and pure speculation at this point.

Looking at Dune analytics, we can see there are about 636,000 TRUMP token holders floating around on the blockchain. But here’s a surprising stat: only around 12,285 of those wallets are sitting on more than $1,000 worth of TRUMP. Food for thought!