特朗普紀念物違反了期望，儘管解鎖了4000萬個新令牌，但在日內價格上漲了8％

4月18日，特朗普成員面臨著重大測試，因為4000萬個新令牌（近3億美元）輸入了流通。該版本佔硬幣當前循環供應的20％，佔其未來總額為10億代幣的4％。

The TRUMP meme coin faced a critical test on April 18 as 40 million new tokens entered circulation, marking a 20% addition to the coin's current circulating supply and 4% of its total future cap of 1 billion tokens.

特朗普模因硬幣在4月18日面臨著重大測試，因為4000萬個新令牌進入了流通，標誌著硬幣目前的循環供應增加了20％，而其未來總額為10億代幣的4％。

Typically, such large unlocks would trigger a price drop due to sudden supply expansion. However, TRUMP defied expectations, showing an 8% intraday price increase and pushing back above the $8 psychological threshold. This strong reaction suggests that traders may have anticipated the unlock and priced it in early.

通常，如此大的解鎖會導致由於供應的突然擴張而觸發價格下跌。但是，特朗普無視期望，顯示出8％的日內價格上漲，並將其推遲到高於8美元的心理門檻以上。這種強烈的反應表明，交易者可能已經預料到解鎖並在早期定價。

With 24-hour trading volume spiking 68%, bullish sentiment appeared to temporarily overpower fears of dilution.

隨著24小時交易量的峰值68％，看漲的情緒似乎暫時壓倒了對稀釋的恐懼。

While the short-term price action seems encouraging, the bigger picture of TRUMP is more nuanced. The coin has fallen 88% from its all-time high of $74.59, reflecting a heavily weakened structure.

雖然短期價格行動似乎令人鼓舞，但特朗普的更大前景更加細微。該硬幣的歷史最高額為74.59美元，反映了大量削弱的結構。

The rally sparked by the unlock may simply be a reflex move within a longer downtrend, rather than the start of a lasting recovery.

解鎖引起的集會可能只是在更長的下降趨勢中的反射移動，而不是持久恢復的開始。

Furthermore, TRUMP's network activity has also begun to wane. Recently, only 1,476 new wallet addresses were recorded, a significant drop from the nearly 700,000 wallets created during its bullish phase.

此外，特朗普的網絡活動也開始消失。最近，僅記錄了1,476個新的錢包地址，與在看漲階段創造的近700,000個錢包相比大幅下降。

Without fresh demand or growing adoption, the recent pump could struggle to maintain momentum.

沒有新的需求或不斷提高的採用，最近的泵可能難以維持動力。

On-chain data offers an interesting contrast. Despite the token's sharp decline in price, Short-Term Holders (STHs) haven't shown signs of panic. TRUMP's Net Unrealized Profit/Loss (NUPL) for these holders remains above capitulation levels.

鏈上數據提供了有趣的對比度。儘管代幣的價格急劇下降，但短期持有人（STH）並未顯示出恐慌的跡象。這些持有人的特朗普淨未實現的盈利/損失（NUPL）仍然高於投票水平。

This indicates that many investors appear content to hold, even through deep drawdowns.

這表明，即使通過深度縮減，許多投資者似乎也似乎滿足。

This kind of holding behavior reflects lingering optimism among retail participants and may explain why the market didn't immediately crash after the unlock. Strong support also remains around the $7 level, as buyers continue to absorb selling pressure.

這種持有行為反映了零售參與者的樂觀情緒，可以解釋為什麼在解鎖後市場沒有立即崩潰。隨著買家繼續吸收銷售壓力，強大的支持也保持在7美元左右。

TRUMP's tokenomics are structured with a hard supply limit of 1 billion tokens to be released over a three-year period. With only 20% currently in circulation, more unlock events are expected.

特朗普的令牌學的結構是在三年內釋放的硬供應限額為10億個令牌。目前只有20％的流通，預計會有更多的解鎖事件。

Historically, these could lead to increased volatility, especially if large holders dump tokens into the market.

從歷史上看，這些可能導致波動性的增加，尤其是當大型持有人將令牌投入市場時。

However, the token's post-launch fundamentals have held up better than some expected. While the initial hype has worn off, the absence of full capitulation among holders suggests that TRUMP's long-term outlook isn't entirely bleak—at least not yet.

但是，代幣的發出後基礎知識比某些人預期的要好。雖然最初的炒作已經消失了，但持有人之間沒有完全屈服的人，這表明特朗普的長期前景並不完全是黯淡的，至少還沒有。

The post TRUMP Token Soars 8% After Major Unlock Event, But Can the Bulls Maintain Momentum? appeared first on Chainzilla.

在重大解鎖事件之後，特朗普的郵政代幣飆升了8％，但公牛能否維持動力？首先出現在Chainzilla上。