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Official Announcement: Tokens Will Not Be Unlocked During the Event - Why Isn't the Price of TRUMP Coins Rising?

Source Tradingkey

TradingKey - The official TRUMP Meme coin announced that there will be no token unlocks during the event. However, they did not address the market's main concerns. As a result, the price of TRUMP remains stagnant.

On April 25, the TRUMP Meme coin team posted on social media. They clarified that some participants misunderstood the Trump dinner event. The entry requirement is not over $300,000. During the event, tokens will not be unlocked for sale.

Despite addressing these concerns, the price of TRUMP did not rise significantly. It stayed around $12, continuing to fluctuate. The previous day, the team announced the Trump dinner, inviting the first 220 TRUMP holders to dine with President Trump. This news caused TRUMP to spike by 58%, reaching nearly $14.

TRUMP Price Trend Chart, Source: CoinMarketCap.

Although the TRUMP Meme coin team stated there would be no token unlocks during the dinner, there was an unfriendly clause. It stated, "Trump may not attend, and the dinner may be canceled. If so, eligible invitees will receive a limited edition NFT as compensation." This clause significantly weakened investors' desire to join the ranking, but it remains unchanged for now.

altText

Terms of the Trump Dinner, Source: gettrumpmemes.com.

Source

Disclaimer: For information purposes only. Past performance is not indicative of future results.

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