Trump reiterated that tokens will not be unlocked during the dinner ranking event, and the initial batch and subsequent 3-month unlocking will be extended by 90 days

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On April 25, the TRUMP Meme coin official statement indicated that some market participants currently have certain misunderstandings about the "TRUMP Dinner", and the threshold for participating in the TRUMP Dinner does not require over $300,000 (currently temporarily not required), and tokens will not be unlocked for sale during the event.

The official explanation stated that the current user "Sun" ranks first with 1,176,803 TRUMP tokens (worth $14 million), while "HAR" in the 220th place only holds 35.3 TRUMP tokens (worth $420). (Based on the current ranking, both are qualified to attend the dinner)

Additionally, the TRUMP Meme coin official reiterated that the initial unlock batch and subsequent daily unlocks for three months will be additionally locked for 90 days, and these assets will remain locked throughout the ranking.

BlockBeats previously reported that TRUMP unlocked 40 million tokens on April 18, approximately 20% of the circulating supply and 4% of the total token supply.

BlockBeats Note: Meme coin trading is highly volatile, largely dependent on market sentiment and concept speculation, with no actual value or use case, and investors should be aware of risks.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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