特朗普（特朗普）预见了其第一次解锁的效果。该市场将不得不吸收4月17日推出的第一个解锁令牌。

特朗普官方（特朗普）预计，它在4月17日之后的第一次解锁。将其模因潜力与社区建设相结合的代币可能会在解锁后更快地失去价值。

Official Trump (TRUMP) anticipates the effect of its first unlock. The market will have to absorb the first unlocked tokens coming on April 17.

特朗普官方（特朗普）预计其第一次解锁的效果。该市场将不得不吸收4月17日推出的第一个解锁令牌。

Official Trump (TRUMP) is expected to see its first unlock as early as April 17. The token, which mixes its meme potential with community-building, may lose value even faster after the unlocks.

预计特朗普官方（特朗普）将在4月17日之前首次解锁。将其模因潜力与社区建设相结合的代币可能会在解锁后更快地失去价值。

Ahead of the unlocks, TRUMP fell to a lower range, from $8.47 down to $7.99. The token has erased most of the holders’ value, even as only 20% of the supply is unlocked. The market will potentially see an inflow of 40M unlocked tokens, currently valued at $330M. The tokens belong to one of the biggest creator wallets, currently holding 39% of the supply.

在解锁之前，特朗普从8.47美元下降到7.99美元。令牌消除了大多数持有人的价值，即使只有20％的供应已解锁。市场可能会看到4000万个解锁令牌的流入，目前价值3.3亿美元。代币属于最大的创建者钱包之一，目前持有供应量的39％。

TRUMP is also the biggest token unlock for this week, becoming a test for the market. Most traders have lost interest in altcoins. Meme tokens retain some of their activity, mostly driven by FARTCOIN. The TRUMP token may get a boost from the growth in the Made in USA narrative, as well as the general weekly recovery of meme tokens, based on Alphanomics data.

特朗普也是本周最大的令牌解锁，成为对市场的考验。大多数交易者对Altcoins失去了兴趣。 Meme令牌保留了他们的一些活动，主要是由Fartcoin驱动的。特朗普的代币可能会从美国制造的叙述中的增长以及基于字母组合数据的一般每周恢复模因代币的增长。

Most of the tokens held now are part of the public distribution, where the earliest buyers paid premium prices for TRUMP. Despite the initial enthusiasm and high liquidity, TRUMP is on track to lose 90% of its value.

现在，拥有的大多数令牌是公共分销的一部分，最早的买家为特朗普支付了保费。尽管最初的热情和流动性很高，但特朗普仍在损失其价值的90％。

The current unlocks will continue for the next two years, gradually inflating the supply from 200M up to 1B tokens in circulation. The unlocks are seen as another source of price pressure, but may also trigger unpredictable short-term moves. Some expect the unlocks to bring a pump caused by market markets, so the team can cash out faster and at a higher price range.

目前的解锁将在接下来的两年中继续进行，将供应从200m升至流通中的1B令牌。解锁被视为价格压力的另一个来源，但也可能触发不可预测的短期动作。有些人希望解锁会带来由市场市场引起的泵，因此团队可以更快地兑现，价格更高。

Traders are reluctant to short TRUMP

交易者不愿意短特朗普

Ahead of the unlocks, TRUMP trades on a mix of decentralized liquidity pools and a Binance centralized pair. The token’s trading volumes are increasing again, going over $500M in the past few days.

在解锁之后，特朗普交易了分散的流动性池和binance集中赛的混合。代币的交易量再次增加，过去几天超过5亿美元。

Ahead of the unlock, the TRUMP market saw an outflow of derivative traders, aiming to avoid the potential volatility. The open interest fell to 200.03M, down from over $240M over the weekend.

在解锁之前，特朗普市场看到了衍生品交易者的流出，旨在避免潜在的波动。开放兴趣降至20003万，从周末超过2.4亿美元下降。

Despite the expectations of a price drop, short positions make up around 34% of open interest. The long/short ratio increased slightly, showing risk-averse behavior. TRUMP has no directional guarantee, as the unlocked tokens will be granted to the team at virtually no cost. It remains uncertain if the team will try to realize profits even at this lower price range.

尽管期望价格下跌，但短职位占开放率的34％。长/短比率略有增加，显示出规避风险的行为。特朗普没有方向性的保证，因为未锁定的令牌将以几乎没有成本授予团队。即使在这个较低的价格范围内，团队是否仍会尝试实现利润。

Whales still sell TRUMP ahead of the unlock

鲸鱼仍然在解锁之前出售特朗普

Social media accounts hold some expectations that the TRUMP unlock may be bullish. However, top traders are divesting more of their holdings. The top TRUMP trader whale has realized more than $29M in profits. The same whale continued to place sell orders for TRUMP as of April 14.

社交媒体帐户对特朗普解锁可能是看好的期望。但是，顶级交易者正在剥离更多的股份。特朗普交易者鲸鱼的最高利润超过2900万美元。截至4月14日，同一条鲸鱼继续下达特朗普的销售命令。

TRUMP is a relatively obscure token, despite the active narrative around the US President. The asset is mostly swapped actively by meme token whales, some of which switch between memes for the best chances of short-term profits.

尽管在美国总统周围进行了积极的叙述，但特朗普还是一个相对晦涩的代币。资产主要由模因鲸鱼积​​极交换，其中一些鲸鱼在模因之间切换，以获得短期利润的最佳机会。

TRUMP sees high-velocity activity between wallets, including potential market-makers. One of the top 10 whales is actively transacting with Binance’s wallets, potentially preparing for more volatile price action.

特朗普认为钱包之间的高速活动，包括潜在的营销商。十大鲸鱼之一正在用二元钱包进行积极交易，这有可能为更挥发的价格行动做准备。

Bubblemaps data shows the formation of several wallet clusters with high-velocity token transfers. The token is not present in Kamino lending vaults to be used as collateral, and trades outside of the currently trending Solana meme tokens.

气泡数据显示了具有高速令牌传输的几个钱包簇的形成。卡米诺贷款保险柜中不存在代币，用作抵押品，并且在当前流行的Solana Meme令牌之外进行了交易。