Ah, behold the TRUMP token, that digital chimera whose shareholders now brace for a plunge so precipitous it would make Icarus nod in respect. On April 18, 40 million of these pixelated paper-tigers—valued at a princely $309 million in bygone grandeur—are unleashed into the wilderness, frolicking at a 90% discount from their vainglorious zenith.
This cavalcade of tokens—representing a not-so-tiny 20% tranche of the circulating populace—threatens to stir the market’s still waters into a raucous tempest. CoinGecko, ever the vigilant oracle, whispers that these tokens have waltzed between $7.46 and $7.83 in the span of 24 hours, likely whispering gossip about their former glory.
April 18 thus emerges as the great reckoning’s opening act, with further dribbles of liquidity to follow—a drip-feed rather than a flood, lest chaos reign entirely.
From their lofty peak of $73.43 on January 19, mere days post-launch timed to coincide with the pomp of presidential inauguration, the TRUMP token has nosedived by an ungentle 89.5%. More than 800,000 wallets have since experienced a collective hemorrhage—call it a rough two billion dollars, as narrated by Chainalysis, the blockchain’s grim reaper of numbers.
But despair not, for losses only crystallize when sold—those clutching their tokens might yet dream of resurrection. The freshly emancipated tokens are, incidentally, scheduled to return to the cozy arms of the “Creators and CIC Digital LLC,” which sounds suspiciously like party organizers rather than mere mortals.
So, Who’s Hoarding This Digital Pot of Gold?
In a twist worthy of the finest soap opera, the TRUMP token’s dominion is 80% monopolized by two entities under Trump’s ever-expanding empire: CIC Digital LLC and the curiously named Fight Fight Fight LLC.
MarketWatch reveals that CIC Digital, a shadowy sibling of The Trump Organization, has been ensconced in a trust, neatly declared in Trump’s 2024 financial disclosures filed with the Federal Election Commission. This CIC chap previously dallied with Trump’s NFT escapades, a fact that adds a delightful layer of blockchain mystique.
Meanwhile, Fight Fight Fight LLC—co-owned by CIC Digital and Wyoming-born Celebration Cards LLC, helmed by Andrew Pierce—channels the spirit of Trump’s campaign rally war cries. Named for a slogan shouted mid-assassination attempt, it injects a delightful dose of drama to this financial soap.
The April 18 release is what the aficionados call a “cliff” event—think a bungee jump without the bungee. One massive drop, followed by more measured daily unlocks of about 493,000 tokens between April 19 and 21, according to DropsTab—steady as she goes, in investor seas turbulent or not.
So, dear reader, clutch your tokens tightly or prepare your popcorn—the TRUMP token saga continues to unfurl, a tale of dreams, losses, and the blockchain’s unyielding march.
💸📉🎩
Read More
- OM/USD
- Carmen Baldwin: My Parents? Just Folks in Z and Y
- Solo Leveling Season 3: What You NEED to Know!
- Jellyrolls Exits Disney’s Boardwalk: Another Icon Bites the Dust?
- Despite Strong Criticism, Days Gone PS5 Is Climbing Up the PS Store Pre-Order Charts
- Jelly Roll’s 120-Lb. Weight Loss Leads to Unexpected Body Changes
- Disney’s ‘Snow White’ Bombs at Box Office, Worse Than Expected
- Solo Leveling Season 3: What Fans Are Really Speculating!
- Netflix’s Dungeons & Dragons Series: A Journey into the Forgotten Realms!
- Moo Deng’s Adorable Encounter with White Lotus Stars Will Melt Your Heart!
2025-04-18 22:56